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Nope the value proposition is that multiple untrusted parties can agree on how much energy they’ve burned and form a consensus based on that.
by rusk 5y ago
Nope the value proposition is that multiple untrusted parties can agree on how much energy they’ve burned and form a consensus based on that.
- newaccount2021 5y agoThat statement is simply the plural form of the same circular argument.
- rusk 5y agoNot really. In my version the energy wastage is a means to an end. Not the end in itself. In particular, energy usage is not coupled to value. It is “collateral” damage. You could in theory replace it with some other proof of work ...