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Or perhaps blockchains will lead us nowhere, because they're unaffordable to run? https://www.theverge.com/2019/7/4/20682109/bitcoin-energy-consumption-annual-
by jjtheblunt 7y ago
Or perhaps blockchains will lead us nowhere, because they're unaffordable to run?
https://www.theverge.com/2019/7/4/20682109/bitcoin-energy-consumption-annual-calculation-cambridge-index-cbeci-country-comparison https://www.theverge.com/2019/7/4/20682109/bitcoin-energy-co...
- mkr-hn 7y agoProof-of-Work, which is what makes Bitcoin an energy hog, is only one way to do it.
- jonnydubowsky 7y agoThis author points to the role of often complex monetary policies which can be part of a multi-layered strategy to address the affordability of maintaining the platform. Projects such as Factom, Steemit, Lykke and several others have demonstrated that this is definitely not a binary consideration. There are definitely blockchains that are not sustainable in their design, but there are definitely instances where this is not the case.