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0 sats \ 0 replies \ @chairman_pretense 20 Mar freebie \ on: What's the biggest myth you believed about bitcoin? bitcoin
Believed people who said miners control the network. Read The Blocksize War and learned how it really plays out.
Similarly, believed a 51% attack gave miners limitless control. Learned later it was only a short window of double spending unconfirmed transactions. (Bad, but not apocalyptic).
Believed TPS fud, before learning that a single on chain transaction can have hundreds of inputs and outputs. And learned about LN and the concept of layered scaling.