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Boop.Fun leading the way with a new launchpad on Solana.
ETH has by far the most economic security at $52.2B!
SOL comes in second place at $24.1B, while BTC trails behind at $9.7B
ADA ranks fourth behind BTC at $9.1B. The math is undeniable:
ETH is the king of security & SOL is the main contender, all while BTC continues to fall! 🧵
For PoW, the math for the yearly security budget is inflation + fees divided by the attack threshold (51%)
For PoS, the math for the security budget is market capitalization + fees + inflation divided by the staking participation rate & then divided again by the attack threshold (33%/51%)
Here is the full math calculated based on metrics taken on the 12th August (2 days ago): 🎓
ETH: 542B+0.97B+3.33B x 0.29 x 0.33 = $52.2B (10%) SOL: 101B+1.15B+5.26B x 0.68 x 0.33 = $24.1B (23%) BTC: 19.06B+0.03B x 0.51 = $9.7B (0.4%)
ADA: 29B+0.01B+0.7B x 0.60 x 0.51 = 9.1B (31.3%)
The truth is undeniable, so as the bitcoiners like to say: Don't trust, verify! 🔥
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