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Blockchains are just a datastructure and proof of work is not a strict requirement. I believe the rising popularity of Proof of Stake blockchains will make that
by tuesdayrain 7y ago
Blockchains are just a datastructure and proof of work is not a strict requirement. I believe the rising popularity of Proof of Stake blockchains will make that evident.
- Tomte 7y ago> Blockchains are just a datastructure Again, wrong. > proof of work is not a strict requirement. I believe the rising popularity of Proof of Stake blockchains will make that evident. I thought for a second whether I should include PoS and other schemes, but decided (wrongly) that nobody would try to squeeze imaginary internet points out of being willfully misunderstanding. But so be it: proof of stake is a different mechanism that fulfills the same role as proof of work in blockchains.
- tuesdayrain 7y agoMy comment had nothing to do with imaginary internet points. You just said being wasteful was part of the definition of a blockchain which is a common argument people like to make when promoting the false idea that blockchains are inherently bad for the environment. It felt important to point out that there are non-wasteful ways of accomplishing the same thing as PoW.