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by nunja 2453 days ago
It would be amazing if someone could come with a useful technology that solves this particular set of problems. Something like a public distributed ledger where all transactions are validated by a majority of actors in a trustless system ... oh wait.
4 comments

Gosh, if only that system didn't have its own huge set of drawbacks.
If the world used that system, we'd run out of electricity
And probably ruin the planet in under 10 years if everyone got on the mining craze
Yeah, I can't even imagine. haha.
You don't have to mine Bitcoin to send and receive Bitcoin.
> wait

I'll wait! 'Cause if it got even remotely adopted and mainstream, I'll be waiting... for years or decades.... before I can ever hope to make a single transaction.

Yup. Nothing like Satoshi's Glorious Blockchain and its blazing fast 4 transaction per second reference implementation that is Bitcoin.

Yeah and we can secure it by requiring people to waste huge amounts of electricity to prove their stake in the system!