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Adoption of the network is not related to its electricity consumption. The number of validators is a function of how many people want to invest (capital and res
by rglullis 5y ago
Adoption of the network is not related to its electricity consumption. The number of validators is a function of how many people want to invest (capital and resources) to secure the network.
And forgive me if I don't act all-too-shocked by your numbers, judging from all your posts about iOS and Apple stuff, I can easily see that your talk is cheap. Come back when your consumer habits actually match your concern about the environment.
- kennywinker 5y ago> The number of validators is a function of how many people want to invest (capital and resources) to secure the network. My point isn’t that every new user adds n new validators. My point is that larger the network and the more money involved, the more reasons there are to be a validator. They’re linked, just not directly. As for my own activities, first - my carbon output doesn’t negate your carbon output, they’re both something we need to tackle. Second - I’d be the first one to say that the apple tech ecosystem has huge carbon costs that haven’t been reckoned with. That’s a big part of why I’ve been refocusing my attentions in the 6 years since 2016 when I last posted something about iOS.
- rglullis 5y ago> My point is that larger the network and the more money involved, the more reasons there are to be a validator. Not exactly. Even for PoS, there will be a threshold where it is not as profitable to be a validator, leading people to rebalance their ETH allocation.