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The "problems" you've listed have been very clearly debated for the past 5 years. You can find answers. Youre just repeating talking points.
by ohhhhhh 5y ago
The "problems" you've listed have been very clearly debated for the past 5 years. You can find answers. Youre just repeating talking points.
- amusedcyclist 5y agoPlease point me to good answers on why proof of work is a reasonable way to run a currency
- doomroot 5y agohttps://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf
- amusedcyclist 5y agoI understand how it works thanks, i'm looking for an explanation as to why this waste of energy is a good way to run a currency
- solveit 5y agoDownvoted for snark that doesn't contribute to the discussion. I would like to see less of this on HN.
- solveit 5y agoWell, it's the only way to run a trustless currency that has been tested at scale. I dislike energy waste as much as anyone else, but that's the current state of things. We will eventually move past this phase with PoS or something, but all the approaches are still in their infancy.
- 0x000000001 5y agoSecurity