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>Tether is and then completely ignores USDC. He also claims that none of the popular blockchains can scale, but Solana is frequently in the top 5 most popular c

by agilob 5y ago

>Tether is and then completely ignores USDC. He also claims that none of the popular blockchains can scale, but Solana is frequently in the top 5 most popular cryptocurrencies. This is very frequent tone on many subreddits, whether you used it intentionally or not, you became part of the problem: none blockchains can scale and all are bad for planet, but have you seen how good solana actually is? This week Solana had some problems with network congestion, subreddit was instantly flooded by what initially looked to be anti-CC movement, but quickly turned out to be Stellar supporters looking for new buyers, day before trading value dropped 15%... Edit: This is it, look at what I did. I didn't say anything bad about solana or PoS but people jumped to comments to protect this project asking me to explain myself from something I did not say. I didn't even state my opinion on blockchain, PoS, Solana nor Stellar.

jonwalch 5y ago
Why is Proof of Stake bad for the planet?
pcthrowaway 5y ago
> none blockchains can scale and all are bad for planet How is Solana bad for the planet exactly? I don't use Solana, or particularly like it, but it's proof of stake, so if you'd resist the urge to jump to conclusions, you'd find with a couple of minutes of research that its energy usage is comparable to a few average households.
- endisneigh 5y ago
  > In total, the entire Solana network — with 1,196 validator nodes and an estimated 20,000,000,000 transactions — uses an estimated 11,051,066 kWh per year. This is the equivalent of the average electricity usage of 1038 American households. https://solana.com/news/solana-energy-usage-report-november-2021 https://solana.com/news/solana-energy-usage-report-november-...
  - sib301 5y ago
    How much does AWS use for a comparable number of transactions? Your numbers don’t mean anything without additional context.
    - endisneigh 5y ago
      > …you'd resist the urge to jump to conclusions, you'd find with a couple of minutes of research that its energy usage is comparable to a few average households. >> …uses an estimated 11,051,066 kWh per year. This is the equivalent of the average electricity usage of 1038 American households. >>> How much does AWS use for a comparable number of transactions? Your numbers don’t mean anything without additional context. lol
  - pcthrowaway 5y ago
    Fair enough, the energy usage is an order of magnitude higher (but other proof of stake cryptos with fewer validators do run on a much leaner network, though I'm not saying this is necessarily a good thing) From your own link though, with the current usage of the Solana network, a transaction consumes about as much energy as a google search. Not exactly something worth drawing out the energy pitchforks over.
dorgo 5y ago
>none blockchains can scale and all are bad for planet >I didn't say anything bad about solana or PoS Isn't this a contradiction?
- albedoa 5y ago
  Yes, if you remove two compatible lines from their carefully positioned contexts then they risk becoming contradictions. This is the exact point that the comment you are replying to is making.
- agilob 5y ago
  >none blockchains can scale and all are bad for planet, but have you seen how good solana actually is? This is the opinion i started finding on subreddits more and more often, not my opinion.

by agilob 5y ago

jonwalch 5y ago

Why is Proof of Stake bad for the planet?

pcthrowaway 5y ago

> none blockchains can scale and all are bad for planet How is Solana bad for the planet exactly? I don't use Solana, or particularly like it, but it's proof of stake, so if you'd resist the urge to jump to conclusions, you'd find with a couple of minutes of research that its energy usage is comparable to a few average households.

endisneigh 5y ago
> In total, the entire Solana network — with 1,196 validator nodes and an estimated 20,000,000,000 transactions — uses an estimated 11,051,066 kWh per year. This is the equivalent of the average electricity usage of 1038 American households. https://solana.com/news/solana-energy-usage-report-november-2021 https://solana.com/news/solana-energy-usage-report-november-...
- sib301 5y ago
  How much does AWS use for a comparable number of transactions? Your numbers don’t mean anything without additional context.
  - endisneigh 5y ago
    > …you'd resist the urge to jump to conclusions, you'd find with a couple of minutes of research that its energy usage is comparable to a few average households. >> …uses an estimated 11,051,066 kWh per year. This is the equivalent of the average electricity usage of 1038 American households. >>> How much does AWS use for a comparable number of transactions? Your numbers don’t mean anything without additional context. lol
- pcthrowaway 5y ago
  Fair enough, the energy usage is an order of magnitude higher (but other proof of stake cryptos with fewer validators do run on a much leaner network, though I'm not saying this is necessarily a good thing) From your own link though, with the current usage of the Solana network, a transaction consumes about as much energy as a google search. Not exactly something worth drawing out the energy pitchforks over.

dorgo 5y ago

>none blockchains can scale and all are bad for planet >I didn't say anything bad about solana or PoS Isn't this a contradiction?

albedoa 5y ago
Yes, if you remove two compatible lines from their carefully positioned contexts then they risk becoming contradictions. This is the exact point that the comment you are replying to is making.
agilob 5y ago
>none blockchains can scale and all are bad for planet, but have you seen how good solana actually is? This is the opinion i started finding on subreddits more and more often, not my opinion.