4 ms·
The issue isn't how much computing power (aka carbon) does the network NEED. The issue is how much computing power the network consumes. Depending on the imple
by kennywinker 5y ago
The issue isn't how much computing power (aka carbon) does the network NEED. The issue is how much computing power the network consumes.
Depending on the implementation of PoS, there could be all kinds of incentives or pressures for a lot of distributed computing power to get thrown at it, despite it only needing a fraction of that.
None of that is a problem if the system is #1 displacing other higher consuming systems and #2 not actively harming people.
Re: #1 So far most of what I've seen out of blockchain seems additive - it's not replacing old systems, it's layering on new systems. But it's still early days, maybe that'll change.
As for #2, well, it's hard to trace the exact benefits and harms of blockchain we've seen so far. Which leaves me to fall back on history. You can call me a commie if you want to, but a system that benefits capital over labour usually shakes out to benefit a few while harming many ¯\_(ツ)_/¯