[arcticbull]

Of course there's room for improvement, what's silly is thinking a coal-powered linked list is an improvement :)

You don't want true decentralization for state level activities such as voting. If it's truly decentralized and permission less, allowing anyone to control the ledger, your adversaries will take control. If you have to build a system that accounts for that, you rely on a central authority to switch you over, which invalidates the permissionless and decentralized premise.

There's a reason we've been talking about killer applications of the blockchain for 14 years and zero of them have taken hold - they're all fundamentally flawed. Like concert tickets! Should be easy, everyone hates Ticketmaster. Killer NFT use case right? Of course not, because the venues are owned by LiveNation, the performers are managed by LiveNation and TicketMaster is owned by, wait for it, LiveNation. You can throw up a ticketing system on AWS in like 5 minutes flat, that's not the reason TicketMaster has been successful.

[pcthrowaway]

> Of course there's room for improvement, what's silly is thinking a coal-powered linked list is an improvement :)

Again, Proof of Work is not the only consensus model for blockchains (and while I dislike PoW, it's worth noting that while there's a lot of "greenwashing", many mining farms have legitimately been moving towards using more renewable energy)

[arcticbull]

That renewable energy is still a net negative for society because it’s not being used to decarbonize the actual grid we do productive things with - while generating mountains of ewaste.

You know 97% of all bitcoin mining hardware will be thrown out without ever mining a single block in its entire useful life? Just heating up the ol planet.

It’s an embarrassment that we even try to justify any aspect of it as a profession. Society needs us to step up and call this emperor nude.

You know every time the price goes up, the waste budget does too, and the perverse incentive is miners are rewarded for wasting more.