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by meowkit
1678 days ago
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> wasted a bunch of energy competing A problem of PoW based consensus, and will not be relevant to PoS/X based consensus. > absurdly inefficient distributed database. A decentralized distributed database with read/append commands available to any participant. > Patreon A centralized company. You're not wrong, but you aren't making any points that people who are interested in crypto don't already know, or care about. |
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It's relevant now.
"Maybe someday crypto will move off of PoW so you should completely ignore the fact that there the networks exist entirely because PoW is how people get paid" is a bunch of bullshit that does nothing to change the fact that Proof Of Wasting A Lot Of Power On Nothing is how it works right now. Right now I consider crypto finding a way to work that doesn't burn shit-tons of energy to be about as likely as The Year Of Linux On The Desktop finally coming to pass.