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There are promising alternatives to energy intensive proof-of-work crypto algorithms. Specifically proof-of-stake (Ethereum, etc)[0], and ledger-backed services
by mkolodny 6y ago
There are promising alternatives to energy intensive proof-of-work crypto algorithms. Specifically proof-of-stake (Ethereum, etc)[0], and ledger-backed services[1].
[0] https://blockgeeks.com/guides/ethereum-casper/ https://blockgeeks.com/guides/ethereum-casper/
[1] https://pfrazee.github.io/blog/secure-ledgers-dont-require-proof-of-work https://pfrazee.github.io/blog/secure-ledgers-dont-require-p...
- kd913 6y agoThere have been better coins, better protocols for years now, but the most popular cryptocurrency still remains to be bitcoin. Bitcoin alone has a terrible energy footprint. The environmental damage caused by all this nonsense is not worth it at all.