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You mean a system built on Proof of Waste where it takes minutes to confirm transactions using large amounts of energy purely to guess random numbers, that's li
by stevebmark 5y ago
You mean a system built on Proof of Waste where it takes minutes to confirm transactions using large amounts of energy purely to guess random numbers, that's literally designed to get harder and generate more waste the more it's used, and is full of scams and treated purely as a highly volatile commodity with limited realized practical use, where blockchain "technology" is so poor that you can only put a URL in a block, so NFTs aren't connected to anything (and used for many scams), and where each news article about smart contract failures is somehow more hilarious than the last? I sure hope banks don't navigate into this space.
- whimsicalism 5y agoI'm hardly a crypto-stan, but I get tired of the same recycled complaints. There's a move towards PoS, crypto is not synonymous with PoW. You'll be displeased to know that scams occur with fiat as well as crypto.
- throwaway98797 5y agoBuy a nft. See if that changes your perspective.