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Every time I see a decentralized app, I scan the text and sure enough it's stupid cryptocurrency again. Status appears to integrate with Ethereum. Ethereum use
by skyfaller 6y ago
Every time I see a decentralized app, I scan the text and sure enough it's stupid cryptocurrency again. Status appears to integrate with Ethereum.
Ethereum uses proof-of-work. Proof-of-work wastes energy intentionally as a fundamental design goal, in the middle of a climate crisis where we must use as little energy as possible. I won't say I won't use something that uses proof-of-work, e-mail often relies on proof-of-work to stop spam these days, but I will say that it makes me very skeptical and concerned about what would happen to energy expenditures if it became popular.
If you work in cryptocurrency or blockchain, please, I'm begging you, don't use proof-of-work, there has to be something better. Proof-of-stake, Filecoin's Proof-of-Replication, anything.