2 ms·
> It uses far less energy than the legacy banking system False equivalence. It supports several orders of magnitude fewer transactions and throughput. >When w
by defaultprimate 5y ago
> It uses far less energy than the legacy banking system
False equivalence. It supports several orders of magnitude fewer transactions and throughput.
>When we finally phase out the legacy banking system completely for cryptocurrency
This will never happen.
>it will represent a drastic reduction in finance-related energy consumption worldwide
Assuming this hypothetical, prove it. Explain mathematically how proof of work supporting global finance levels of transactions would result in a net reduction in energy consumption.