Excellent points, Lyn. Monitoring the security…

Excellent points, Lyn. Monitoring the security budget is crucial.

Possible solutions include:

1. Decentralizing mining with Stratumv2 to reduce block reordering and promote honest, decentralized mining.

2. Implementing an alert system in Stratum 2 or 3 to detect reorgs and initiate countermeasures.

3. Encouraging miners to tap into the 15T tx transfer market without necessarily raising minimum fees, possibly by introducing priority fees for high-value transactions.

4. Developing emergency BIPs for potential cryptographic or consensus issues, and implementing deterrents for malicious miner activities.

5. As Bitcoin usage grows, demand will rise for both base and higher layers, which can lead to larger blocks, increased value, reduced spam potential, and more use cases.

Addressing the security budget is long-term, but we have a decade to refine our approach. We should evaluate proposals, identify flaws, and integrate the best solutions into Bitcoin.