https://read.cash/@francis105d1/a-crash-course-to-defi-on-smart-bitcoin-cash-93244661
It is pretty much a warning article about the risks of DeFi, LP rug pulls.
Hello. I've seen Bitcoin Maximalists arguing that Bitcoin's decentralization is dependant on the amount of node operators. This makes no sense to me, after all Bitcoin is Proof of Work and nodes can't do more than reject a bad block. At least as far as I know.
Can someone explain to me what these maxis have in mind when they say more nodes = more decentralization, in Bitcoin's proof of work mechanism? Is there any attack you can make against Bitcoin by renting 51% of the network nodes? They usually ignore my question or straight up block me when I ask that.
The following guide explains the key aspects of coin burning - a process of removing a certain amount of coins from its circulating supply: What is Coin Burning? - The Two Types Of Coin Burning
There are two main types of coin burning that are implemented in the crypto industry explained in the guide above: protocol level mechanism and economic policy, as well as the reasons why coin burning has been utilized by several top blockchain networks.
