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Can someone get busy wrapping endangered species as NFT's and direct the funds accordingly' Can't help but wonder how much habitat is destroyed by the generati
by edoloughlin 6y ago
Can someone get busy wrapping endangered species as NFT's and direct the funds accordingly'
Can't help but wonder how much habitat is destroyed by the generation of a token.
- tudorw 6y agoEnergy usage is a recognised issue and while it offers challenges they are understood and developers are keen to address this. If you want to start deconstruction of the industrial military complex that would be just fine and might really start to change things, until then I argue there are more worthy targets for your ire than the energy use of an emerging technology.
- tudorw 6y agoWhich token, which platform, there are more than 1
- MR4D 6y agoGorillaCoin (tm).
- jonfw 6y agoThis is like saying that pollution is a recognized issue with fossil fuels and while it offers challenges they are understood and engineers are keen to address this. There aren't always easy solutions and you can't hand wave aside a massive problem because 'our best people are on it'
- lupire 6y agoAre you also opposed to EVs which also have the problem of high initial costs for early iterations of the tech?
- jonfw 6y agoCosts (of EVs) are passed onto the consumer and thus self-regulate, whereas many of the costs of crypto's wasteful energy usage are distributed among society.
- tudorw 6y agoIf fossil fuels producers had had the same level of awareness of environmental issues when that industry began we might not have the issues we have now, I think it's a poor comparison, my comment was acknowledging the issue and positing that an iteration of the technology could mitigate the problem.
- dmingod666 6y agoHumans - that is problem number one. Like agent smith said in the Matrix. "Human beings are a disease, a cancer on this planet.." - Advocating for this cure will solve all the problems..
- deleted 6y ago[deleted]
- morlockabove 6y agoPhysician, heal thyself, and thus preserve us from having to listen to your drivel.
- Kye 6y agoYou realize he was an antagonist, right? He's not someone to model.
- Supermancho 6y agoI think the fan theory that Smith is The One is more compelling than casual narrative.
- beaconstudios 6y agoThe whole reason we care about the environment is so we can keep living in it. What should we do instead, leave the turtles to inherit the earth and yeet ourselves into the sun?
- blablabla123 6y agoExactly that. We destroy our tourist destinations, beaches, food sources, areas where to live, landscapes for desktop backgrounds, the air and the water. Lost in useless economic abstractions.
- rglullis 6y agoA purely rhetorical, not-implying anything-in-any-way: if you believe people should kill themselves for the sake of other beings, why haven't you?
- mszcz 6y agoI don't think that cryptocurrency energy consumption is as big a problem as it's been recently painted in the media. Bitcoin, Ethereum etc. are, potentially, self-contained, almost complete, final, financial systems. Using a VISA card (for instance to make the same contribution to wild-life preservation) would use a fraction of the energy that's used to sustain cryptocurrencies, sure, but that's not a fair comparison. Using VISA requires a working settlement layer (because VISA transactions are reversable), banks, bank employees, bank buildings, international transfer support, international settlement layer, people handling those settlements, regulation, regulation enforcement etc. If you include all that then the energy usage of Bitcoin doesn't look all that bad.
- Sebb767 6y agoAnd mining Bitcoin requires chip makers (including rare earth materials), the tech industry and the whole internet. If you include side channels in visa, you'll need to do the same for Bitcoin. Yes, Bitcoin has advantages, but low energy consumption is not one of them.
- mszcz 6y agoI never said it's energy usage is low. I said (more or less) that for what it is it's energy usage is low.
- simiones 6y agoBitcoin, at best, does what SWIFT does for the financial system. Comparing it with the entire global financial system is laughable. For what it is, it consumes ENORMOUS amounts of energy.
- pas 6y agoThe estimated energy consumption of BTC is between the electricity consumption of Ukraine and Argentina. It's as if everyone would be a banker in Ukraine and every building would be a bank. Seems excessive.
- nerdponx 6y agoUse a proof-of-stake NFT!
- tarsinge 6y agoNot that much compared to other direct or indirect causes.
- groby_b 6y agoUh... Selling a single token? 8.7MWh[1] That's slightly less than the average US household consumes in a year. [1] https://www.wired.com/story/nfts-hot-effect-earth-climate/ https://www.wired.com/story/nfts-hot-effect-earth-climate/
- IgorPartola 6y agoHas there been any movement in the crypto world (that isn’t just creating new coins) towards switching algorithms such that BTC et al don’t use proof of work anymore?
- beaconstudios 6y agoEthereum is switching to proof of stake. AFAIK (not a crypto guy) it's the second largest blockchain.
- derefr 6y agoMore relevant to the question at hand, Ethereum is also where all the NFTs are.
- doomslice 6y agoStellar (https://stellar.org/ https://stellar.org/) uses a novel Byzantine agreement protocol (https://www.stellar.org/papers/stellar-consensus-protocol?locale=en https://www.stellar.org/papers/stellar-consensus-protocol?lo...) which practically eliminates it in comparison. It is also insanely cheap (like $1... and even that is just "held" in the account and can be released later) to "mint" a new coin and thus is practically perfect for NFTs. It's seen as sort of a joke in the crypto world by those who are only trying to make a buck (price of XLM, used for paying transaction fees, is relatively stable compared to others) but I think it's one of the few cryptos out there that has a chance of making a real difference in the world long term.
- s1artibartfast 6y agoJust make a NFT with pen and paper
- curiousllama 6y ago"Buy this sticky note it'll save the whales"
- arsome 6y agoIt's basically trading cards to save the whales, yeah. Nothing wrong with abusing the collector attitude to raise money for charity.
- TameAntelope 6y agoRight, but then it actually does (or meaningfully helps), which is, I guess, the prestige.
- hrvTGKFyDyko3aK 6y agoEtherum will be PoS in like 2 years.
- AnIdiotOnTheNet 6y agoJust in time for fusion power.
- DennisP 6y agoFwiw the PoS network is already running, with $6 billion staked and 100,000 validators. Migrating the rest of the network is relatively simple, they're just being really careful with it.
- altspace 6y agoCurious how that works? Parallel blockchain? But how do you “migrate”? Incremental migration?
- DennisP 6y agoYep it's another blockchain running in parallel, called the "beacon chain." Anyone can deposit ETH in a particular contract on the main chain, and the beacon chain will read that and credit them ETH on the beacon chain. The quickest migration is basically to upgrade both clients to talk to each other, and for the old client, instead of choosing blocks with the highest hashpower, choose blocks whose hashes are chosen by the beacon chain. Details here: https://notes.ethereum.org/@vbuterin/B1mUf6DXO https://notes.ethereum.org/@vbuterin/B1mUf6DXO The next step is a more integrated system, described here: https://ethresear.ch/t/executable-beacon-chain/8271 https://ethresear.ch/t/executable-beacon-chain/8271
- altspace 6y agoThanks for the description and links. It’s a neat approach
- deleted 6y ago
- kylebenzle 6y agoDone! Here you go: https://rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:397579:0xe3233d469380271772217382ed7d70f6e103b33f https://rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a... Suraurwanda, meaning “visit Rwanda” in honor of the growing tourism sector in Rwanda, was born into Mafunzo’s group on Nov. 30, 2018. His mother is Taraja, and because Mafunzo is the only adult male of the group, we do not need genetic testing to prove he is the father.