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"There is fundamentally no way to reduce bitcoin or blockchain energy consumption, it is the very thing which enables decentralized trustless transactions and t
by blindgeek 6y ago
"There is fundamentally no way to reduce bitcoin or blockchain energy
consumption, it is the very thing which enables decentralized trustless
transactions and the quality required implies a minimum power use."
Why would I want to engage in trustless transactions in the first place?
All desirable social relationships are based on trust and always have been.
I think a need for trustless transactions implies that one or more parties
is not trustworthy, so why would I want to transact with them?
- mr_woozy 6y agobecause by assuming blind trust (or your ability to discern who is trustworthy to interact with) with mean statistically you will get burned eventually. Better to build systems that assume on untrusted actors as the default start state and not regret it after.