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>but to ensure that nobody can have total control of the system, it has to be computationally heavy and expensive in terms of energy required per transaction.
by wu-ikkyu 9y ago
>but to ensure that nobody can have total control of the system, it has to be computationally heavy and expensive in terms of energy required per transaction.
I don't understand how making it so energy intensive will level the playing field. Wouldn't that favor the existing financial authorities since they already have so much computing power and resources to begin with?
- Ygg2 9y ago> Wouldn't that favor the existing financial authorities since they already have so much computing power and resources to begin with? Oh, yes - absolutely. You can't escape existing systems of power by moving into the cloud. It's just a form of digital escapism.