4 ms·
Sounds like someone hasn't been keeping up with recent bitcoin tech and is merely repeating lines from Dec 2017.
by deif 8y ago
Sounds like someone hasn't been keeping up with recent bitcoin tech and is merely repeating lines from Dec 2017.
- mcv 8y agoHas there been some revolution in bitcoin tech since Dec 2017? Is it not based on wasting as much energy as possible anymore? Is it suddenly being used for far more transactions than before?
- Tepix 8y agoNote Martijn was specificially talking about Bitcoin. Bitcoin is still based on proof-of-work and i don't see it changing any time soon. In fact, any change in bitcoin is unlikely as all parties are hopelessly at odds with each other.
- mcv 8y agoExactly. If a cryptocurrency has some stable basis that's more efficient than proof-of-work (== wasting energy for its own sake), and has cheaper, faster, more efficient transactions so it can actually be used for small purchases, then I totally think that currency could conquer the world. Bitcoin itself is just too limited. Great idea, but too many problems.