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by dekhn 1298 days ago
I am not opposed to proof of stake but your arguments that youtube and paypal are more wasteful isn't super convincing- after all, you picked a video that's been watched billions of times, and paypal provides a very important service.
1 comments

My argument isn't that Paypal is more wasteful necessarily, it's more pointing out the inconsistencies in how value vs sustainability is weighed up.

Ethereum is currently doing 30 TPS [0], and Paypal ~200 [1]. Assuming that energy usage scales linearly (a naive assumption, but for arguments sake), it could deliver similar value with 10x lower energy consumption, I don't find arguing against the adoption of PoS crypto solely based on sustainability very credible either.

[0] https://ethtps.info/

[1] https://www.ing.uc.cl/en/boletines/engineering-student-scale....