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>But unlike say the eternal emacs/vim war, the divisions on this topic are entirely philosophical and about culture instead of technology. What? My problem wit
by asfgfsigninoi 5y ago
>But unlike say the eternal emacs/vim war, the divisions on this topic are entirely philosophical and about culture instead of technology.
What? My problem with "crypto assets" is that "blockchains" are outperformed by a System/360 while costing billions of dollars to run and drawing about the same power as all datacenters in the world put together. The fact that I like Star Trek is irrelevant.
- AlexandrB 5y agoIndeed. Blockchain tech, at least in its PoW incarnation, seems like a negation of Moore's law. The same operations get slower and less efficient over time.
- asfgfsigninoi 5y agoEvery incarnation I've heard of is comparably slow. People claim to have ways to improve efficiency but I haven't heard of anything within three orders of magnitude of performance of the Windows 95 machine rusting in my garage.
- pphysch 5y agoThe canonical way to get around the inevitable inefficiency of decentralization at scale is to quietly re-add centralization (ReFi?) and bury it under technical neologisms and benchmarks. "Look how fast and innovative $cryptocurrency is! I totally didn't just reinvent a centralized payment settlement system."
- setpatchaddress 5y agoThis is specifically about NFTs, and not the general environmental problems with cryptocurrency, which exist, but are solvable with known technology.
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