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I think you're being too harsh. Right now silicon use is of course wrapped up in a loop of value derived from the coins being mined having value, but that compl
by undersuit 9y ago
I think you're being too harsh. Right now silicon use is of course wrapped up in a loop of value derived from the coins being mined having value, but that completely disregards the actual value of the blockchains. An excellent quote I found is: "how to recycle what will soon or later be a HUGE obsolete distributed supercomputer dedicated to SHA-256."
- asudghionbio 9y ago>that completely disregards the actual value of the blockchains It doesn't. I just think the value of blockchains is near zero. I have yet to hear of any problem that isn't better solved with a normal database.
- imtringued 9y agoThere is one problem that the blockchain solves. It can make a large hostile network with extremely high computation resources act like a single computer with the performance of a 10 year old desktop.