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Blockchains are literally the most inefficient way we've ever discovered to store and secure data. Paper is by far the most distributed, understandable, effici
by neilk 8y ago
Blockchains are literally the most inefficient way we've ever discovered to store and secure data.
Paper is by far the most distributed, understandable, efficient, and secure mechanism we have discovered for obtaining, securing, and tallying votes by humans. It can be practically tamper-proof given a modest amount of trust and scrutiny.
I don't know why, but Americans of every political leaning seem to think that elections are some incredibly hard brain surgery problem. They aren't.
- greyhair 8y agoCryptocurrencies are designed to be inefficient. You can perform 'valueless' BC using far less energy than bitcoin. Bitcoin is inherently limiting by design to long tail the mining of coins as the count draws down.