Here The Zettashash Era: Bitcoin is the safest network in the world

Bitcoin Network Hashrate recently crossed the 1 Zettashhash per second (ZH/s) level. This means that miners worldwide perform more than one billion exhashash operations every second worldwide.

This milestone is not only technical data: it indicates that the safety, decentralization and resistance of the Bitcoin network is increasing by the day. If more machines work to protect the network, the harder it is to carry out an attack (such as an attack of 51 %) or a false transaction.

What causes this level of abdomen to rise?

There are various factors behind growth. First of all, the distribution of newer, more efficient ASIC machines uses: hardware development is where -of -the -de -Art devices use much less energy with the same or more computing power. In addition, miners are expanding their facilities and new factories are being built, especially in regions where the price of electricity, infrastructure conditions and climatic conditions are favorable.

On the other hand, despite the energy requirements and costs in the world, the demand for Bitcoin takes as a value retention device increases. Coordinated investments from institutional investors, state actors and large mining companies, as well as growing trust in the network, stimulate this growth together.

However, the rise in the hassle is also a major challenge for miners. Due to the automatic difficulty of the protocol, the production of blocks is becoming increasingly expensive, which can move smaller, less effective players from the market. At the same time, it is crucial for the long -term stability of the network to ensure that Bitcoin manages such a calculation capacity.

Bitcoin Hashráta
Source: blockchain.com

Dan Tapiero, founder and CEO of 10T HoldingsBitcoin Zettashhash Milestone is classified as the ten most important historical developments of the past half century. According to Taptiero, the record hood is not only technological performance, but proof of institutional acceptance, the sustainability of the decentralized network and the safety of Bitcoin. He believes that Hashrate’s growth often precedes considerable increases, because miners, states and companies invest huge amounts in the new infrastructure. Zettahash levels prove that Bitcoin is the safest computer network that has ever been built, which performs better than all centralized systems and has brought a historic moment to the crypto industry.