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Some 25 years ago I've read some funny Windows vs Linux arguments. "Windows is better because there is tons of software (Windows 95) and Windows is better, beca
by aeonflux 5y ago
Some 25 years ago I've read some funny Windows vs Linux arguments. "Windows is better because there is tons of software (Windows 95) and Windows is better, because it is very stable mature system, with Unix-based kernel (NT)". Somehow people missed they tried to merge two systems into one for the sake of argument. Bitcoin is consuming tons of power for no reason, development is stale. Fluctuations and speculation prevents it from being useful in anyway. Whole premise of any other network and the whole crypto/blockchain is based on a lie about decentralization. Organizations try to sell that lie to unaware people and shift the center of power into their hands. There is no decentralization anywhere, it's not possible and never will be.
- 1ark 5y agoBitcoin is consuming power to secure the integrity of the blockchain, that is the reason. It is not "no reason". If you could suggest another permissionless consensus mechanism, then Bitcoiners are open ears, it has been discussed many times at bitcoin-dev. Bitcoin survived an attack from its own wealthy proponents, miners tried to increase the blocksize for speed, which resulted in the fork Bitcoin Cash. Possibly the number of validators will always outnumber miners. And the code base is not stale. https://github.com/bitcoin/bitcoin/commits/master https://github.com/bitcoin/bitcoin/commits/master
- danlugo92 5y agoDisnosaurs gonna dinosaur, bitcoin and web3 will eat the world and they will be left holding their bags. Can't see past their own little bubble.