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> Monero or ZCash would have gotten the job done, Those cryptocurrencies have a large energy consumption. I assume that part of the reason to go with MobileCoi
by hjek 6y ago
> Monero or ZCash would have gotten the job done,
Those cryptocurrencies have a large energy consumption. I assume that part of the reason to go with MobileCoin is because it's less power hungry.
- monokh 6y agoTransacting the coin itself rarely has any energy footprint. It's the security of the network that requires the mining and that is very separate to signal using it. Unless the idea is that by using another coin, they don't add to the security requirements. That's a dubious line of thinking.
- koheripbal 6y agoYou only increase the energy consumption of a crypto if you put many transactions on it (via increasing demand on the coin, and hence the price), so it doesn't really matter whether you use an existing PoW coin or a new one.
- hjek 6y ago> it doesn't really matter whether you use an existing PoW coin or a new one. MobileCoin isn't a PoW coin.