The Fee Crisis That Isn't: Bitcoin's Security Budget Under the Macro Lens
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Greed
Market Sentiment
Team and early investor shares released
Raises validator limit and account abstraction
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
92 million ARB released
Block reward halving event
Bitcoin Season