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Exodus: Bitcoin consumes more energy than all of China and transaction fees exceed 1 BTC. Exodus is a modern (scalable, environmentally friendly) implementation
by miguelrochefort 6y ago
Exodus: Bitcoin consumes more energy than all of China and transaction fees exceed 1 BTC. Exodus is a modern (scalable, environmentally friendly) implementation of Bitcoin that uses proof of burn to generate 1 XDS for each 1 BTC burned. Users permanently burn Bitcoin by sending them to randomly generated public addresses whose private keys are unknown. Exodus is expected to surpass Bitcoin as the Internet's de facto store of value by 2025.
- shinryuu 6y agoThat might actually become a thing, doesn't seem too farfetched. Would require high conviction by the first participants.
- herbst 6y agoHow is that even not a thing yet?
- FeepingCreature 6y agoYou cannot prove that a piece of information is unknown. edit: Hm, maybe you could use nothing-up-my-sleeve numbers for the public addresses, like a hash of that day's closing prices.
- CloselyChunky 6y ago> Bitcoin consumes more energy than all of China This is not true. Bitcoin energy consumption is somewhere between Chile and Argentina.
- miguelrochefort 6y ago> Fictional Cryptocurrencies
- biztos 6y agoSo it's in northern Patagonia?