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General mathematics and computer science don't require burning energy on the scale of nations just to function

by awild 5y ago

baby 5y ago
Neither do consensus protocols not based on proof of work. How many times do people have to comment that bitcoin is not the only crypto?
- yashg 5y ago
  PoW is what makes Blockchains of BTC truly permissionless and decentralized. It's a solution to the 51% attack. Yes PoW is resource hungry and expensive but it's a feature not a bug. If we remove PoW to reduce cost and stop wasting energy, it just makes it another centralized system. PoS or FPoS is centralization in the hands of a few whale coin holders. Many other VC backed blockchains like Solana are not even decentralized. And to talk about enterprise blockchain like Corda or Hyperleger, I don't know if it's even correct to call them blockchain.
  - baby 5y ago
    Your comment makes no sense technically. PoW is not a solution to the 51% attack, 51% attack is an attack on PoW. Furthermore your analysis of PoS makes no sense as well. I guess you have a lot of BTC?
- danaris 5y ago
  Talk to us when there are no major blockchains on a massively-energy-hungry technology, and then maybe we'll believe that your complaint is relevant. As it stands, the only blockchains that are relevant are just colossal energy sinks, and it's devastating.
  - baby 5y ago
    I couldn’t care less :) if you want to pretend the rest of the ecosystem doesn’t exist it’s up to you. But it’s a bit like China looking at democracies in the west and only looking at the US and being “democracies don’t have universal healthcare, what’s the point lol”.
    - CRConrad 5y ago
      >> the only blockchains that are relevant are just colossal energy sinks > I couldn’t care less :) if you want to pretend the rest of the ecosystem doesn’t exist it’s up to you. Eh... You're the one defending a system that doesn't give a shit about the ecosystem. You know, the real actual ecosystem, the one POW[1] blockchain so immensely contributes to destroying. It's almost as if you guys are all pretending it doesn’t exist. ___ [1]: And what an apt acronym that is, in this context.

General mathematics and computer science don't require burning energy on the scale of nations just to function

by awild 5y ago

General mathematics and computer science don't require burning energy on the scale of nations just to function

baby 5y ago

Neither do consensus protocols not based on proof of work. How many times do people have to comment that bitcoin is not the only crypto?

yashg 5y ago
PoW is what makes Blockchains of BTC truly permissionless and decentralized. It's a solution to the 51% attack. Yes PoW is resource hungry and expensive but it's a feature not a bug. If we remove PoW to reduce cost and stop wasting energy, it just makes it another centralized system. PoS or FPoS is centralization in the hands of a few whale coin holders. Many other VC backed blockchains like Solana are not even decentralized. And to talk about enterprise blockchain like Corda or Hyperleger, I don't know if it's even correct to call them blockchain.
- baby 5y ago
  Your comment makes no sense technically. PoW is not a solution to the 51% attack, 51% attack is an attack on PoW. Furthermore your analysis of PoS makes no sense as well. I guess you have a lot of BTC?
danaris 5y ago
Talk to us when there are no major blockchains on a massively-energy-hungry technology, and then maybe we'll believe that your complaint is relevant. As it stands, the only blockchains that are relevant are just colossal energy sinks, and it's devastating.
- baby 5y ago
  I couldn’t care less :) if you want to pretend the rest of the ecosystem doesn’t exist it’s up to you. But it’s a bit like China looking at democracies in the west and only looking at the US and being “democracies don’t have universal healthcare, what’s the point lol”.
  - CRConrad 5y ago
    >> the only blockchains that are relevant are just colossal energy sinks > I couldn’t care less :) if you want to pretend the rest of the ecosystem doesn’t exist it’s up to you. Eh... You're the one defending a system that doesn't give a shit about the ecosystem. You know, the real actual ecosystem, the one POW[1] blockchain so immensely contributes to destroying. It's almost as if you guys are all pretending it doesn’t exist. ___ [1]: And what an apt acronym that is, in this context.