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I feel like at least both of these have redeemable qualities, though. Blockchain is amazing (I love my signed git commits and the integrity that provides), but
by andrewstuart2 5y ago
I feel like at least both of these have redeemable qualities, though.
Blockchain is amazing (I love my signed git commits and the integrity that provides), but proof of work is contributing to the destruction of the planet.
A platform to unite people with needs to solutions for those needs is amazing, but less so when it goes to the highest bidder rather than the best or most individual-appropriate solution.
- Melting_Harps 5y ago> Blockchain is amazing (I love my signed git commits and the integrity that provides), but proof of work is contributing to the destruction of the planet. I can't believe this narrative still exists, 'Blockcahin not Bitcoin' was how it was phrased back then, now it applies to all PoW systems now that word has entered the lexicon by otherwise unknowledgeable people on distributed, immutable technology. This isn't meant as a personal attack, but more as a rebuttal to a senseless and baseless argument: this is what irks so many of us that actually understand this technology and it's potential (money is really only its first application that allowed funding to occur in a project otherwise deemed 'valueless' since at it's core it's just a opensource software project): are you aware that Bitcoin (the Network and the most well known PoW system) is accelerating and expanding the use of renewable energy[0] and is greener than any of the woke FAANG/MANGA in terms of energy usage? Or the fact that it's trying to mitigate and recapture energy loss in the oil and gas Industry [1]. To date, other than Google who partly invested in Ivanpah (which failed, but was worth attempting none the less), there hasn't been a single thing from SV that has done as much to incentivize the creation of renewables. Even Tesla's charging stations/network, as awesome as they are, are not prohibiting the use of fossil fuels. Lets compare relevant attributes here. So, please, stop with the hyperbole: this was barely tolerable 4-6 years ago when it was touted as a reason to ignore or marginalize this tech and shoehorn alts that made no sense but were centralized and provided the banks and regulators to control them. But now... it's just sad and shows how pervasive narratives created by powerful entities (this was Blythe Master's work, btw) can last rather than taking the time to look into it yourself what it is that you are repeating. 0: https://squareup.com/us/en/press/bcei-white-paper https://squareup.com/us/en/press/bcei-white-paper 1: https://bitcoinmagazine.com/culture/mining-bitcoin-clean-energy https://bitcoinmagazine.com/culture/mining-bitcoin-clean-ene...