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The whole "Cryptographically securing your currency is wasteful, you should fold proteins!" talking point has popped up several times over the years, despite th
by tal8d 6y ago
The whole "Cryptographically securing your currency is wasteful, you should fold proteins!" talking point has popped up several times over the years, despite the fact that it is silly to complain about when considered in relation to the present solution.
> Whataboutism arguments regarding traditional currencies and the financial sector are a completely absurd response. Yes, a real currency like the Euro and by proxy the Eurozone absolutely emits more CO2 than bitcoin.
lol, and there it is.
I've never seen such a concerted effort to hammer this misinformation into peoples heads as I have for the last few days. Like I said, the concern has been raised and addressed before, but this volume of messaging is new.
- louwrentius 6y agoCan you actually point out the misinformation? This article is not proposing to 'waste energy' on folding proteins. This article points out that other systems may also consume a lot of energy, but they give our societies a ton of value in return.
- tal8d 6y ago> Can you actually point out the misinformation? Yes. I submit to you this article. Consider the framing of bitcoin's utility and the immovability of the status quo. > This article is not proposing to 'waste energy' on folding proteins. No, that accompanies the handwringing about POW - you can substitute an number of other silly suggestions: SETI, fusion reactor modeling, etc. > This article points out that other systems may also consume a lot of energy, but they give our societies a ton of value in return. Have you maybe considered the possibility that, I dunno, bitcoin replaces the fiat currency - as intended from the outset of the entire endeavor?
- Apocryphon 6y agoBOINC has many projects, several of which are geared towards solving open questions in mathematics https://boinc.berkeley.edu/projects.php https://boinc.berkeley.edu/projects.php
- tal8d 6y agoWhich is the worst thing you could possibly use to secure anything.
- Apocryphon 6y agoTake it up with the creators of Gridcoin
- tal8d 6y agoYeah, that is basically a science themed chucky cheese token - not an independent currency.
- Apocryphon 6y agoWhy makes it not an independent currency?
- tal8d 6y agoStep one, don't do this: "BOINC superblocks fetch a participant’s BOINC recent average credit, also called researcher RAC. RAC is based on a participant’s earned BOINC credits. !!!>>>*Credits and RAC are defined by BOINC*<<<!!!"
- Apocryphon 6y agoBOINC's unit of credit, the Cobblestone (named after Jeff Cobb of SETI@home), is 1/200 day of CPU time on a reference computer that does 1,000 MFLOPS based on the Whetstone benchmark Eventually, credit may reflect network transfer and disk storage as well as computation. Credit has no monetary or other value; it's just a measure of how much work your computers have done. Total credit: The total number of Cobblestones performed and granted. Recent average credit: The average number of Cobblestones per day granted recently. This average decreases by a factor of two every week. https://boinc.berkeley.edu/wiki/Computation_credit https://boinc.berkeley.edu/wiki/Computation_credit