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There is a crypto called Monero that doesn't have this problem. it is growing fast.
by RinTohsaka 5y ago
There is a crypto called Monero that doesn't have this problem. it is growing fast.
- gruez 5y agoAFAIK monero runs on POW as well so from an environmental impact level I don't see how it's any different. From a traceability perspective I don't see a difference either because mining can be done anonymously. You really can't track a mined block to a specific power plant. I guess you can set up some sort of voluntary program for green miners, and treat non-compliant blocks as "dirty", but with monero this wouldn't be possible so everything would be treated as "dirty".
- mrits 5y agoProof of stake is in or will be in just about every major crypto except bitcoin...
- xur17 5y agoMonero uses PoW mining as well.
- hatsunearu 5y agoTo fix this person's comment, this comment makes sense if by "problem" they meant "defending your coins from boycotters"--Monero is (supposedly) untraceable so presumably it is impossible to boycott specific "dirty" sources of Monero.