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by airbreather 3105 days ago
Too many inaccuracies in this article to be believable.

Yes, POW is a problem but reading this article I doubt the author ever designed mining hardware, description of sha256 is wrong for one, whole thing smells.

1 comments

I'm pretty sure the author understands sha256: https://scholar.google.com/citations?user=pd-IjLcAAAAJ
Fair call, seems he just was a bit abridged in his simplification.
Shh. airbreather has money in bitcoin. Don't confuse him/her with facts. :)
Actually I am betting against bitcoin as I only hold alts, and I only hold small amounts of POW coins because I believe the concept is not sustainable and the fixed block solve time brings certain kinds of scalability issues.

I like the look of Universa currently to try and address a lot of the POW issues and also the hard fork and Kitties type problems from full decentralisation.