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> The answer to the energy-guzzling proof-of-work model is proof-of-stake (PoS). Even using a PoS approach, crypto is hillariously inefficient. According to th
by usrbinbash 5y ago
> The answer to the energy-guzzling proof-of-work model is proof-of-stake (PoS).
Even using a PoS approach, crypto is hillariously inefficient. According to the article, less than 500 M tranactions are done via ETH per year. Credit card systems alone handle more than twice that PER DAY.