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by kykeonaut
1065 days ago
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> Proof of work, while extremely wasteful, does the job. True, yet you could even have Proof of Work without cryptocurrency. Cryptocurrency is used to incentivize PoW which attracts more people to the blockchain and strengthens the network and so on. However, one could have Proof of Work without cryptocurrency, for example, one could reward the PoW with participation in the blockchain, or in this case, have drivers PoW to be able to take rides. > Centralization doesn't require a profit motive Yes, I also agree that centralization doesn't require a profit motive, and a centralized solution is deal for 99% of the cases. |
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