3 ms·
You mean, just to have it painfully slow, use obscene amount of energy and be vulnerable of 50%+ attacks? Yeah it is great. Not. :)
by StreamBright 8y ago
You mean, just to have it painfully slow, use obscene amount of energy and be vulnerable of 50%+ attacks? Yeah it is great. Not. :)
- r32a_ 8y agoBlockchain doesn't have to use PoW, which uses a lot of energy
- fedotovcorp 8y agoCurrent blockchain uses Proof-of-Service algorithm that doesn't need a lot of energy but based on stakes and reputation. Here it is the detailed article about it https://medium.com/remme/proof-of-service-consensus-algorithm-overview-57c359290207 https://medium.com/remme/proof-of-service-consensus-algorith...
- gjs278 8y ago>painfully slow you can send coins securely with Ark in less than 8 seconds >use obscene amount of energy not in Ark, or any other DPOS >be vulnerable of 50%+ attacks what is merged mining, DPOS, renewable energy? the world may never know.
- StreamBright 8y agoSorry I am not up to date with 2019 bullshit bingo, these mean nothing: Ark, DPOS, merged mining
- gjs278 8y agoark is a coin. dpos is an alternative to proof of work. you get paid by holding the coin. merged mining is from 2012, it’s when two coins use the same algorithm so you can mine both at the same time, securing both chains
- hnbroseph 8y agoperhaps you're referring to implementation details of bitcoin?
- StreamBright 8y agoAnd Ethereum and all of the guys who use similar solutions.