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Whining about proof of work. Check. Whining about ransomware. Check. Ponzi scheme. Check. What an organic article and opinion.
by __B_B__ 4y ago
Whining about proof of work. Check. Whining about ransomware. Check. Ponzi scheme. Check. What an organic article and opinion.
- oriolid 4y agoSo, so you have definite proof that nobody could figure out these problems on their own?
- Comevius 4y agoI found it informative, Nicholas Weaver knows what he is talking about. He calls these criminal enterprises for what they are.
- WaxedChewbacca 4y ago
- criddell 4y agoLow effort comments ripping on other people’s work contributes nothing to the discussion. You clearly have a different point of view so why not rebut the article or post your own laying out a counter opinion?
- __B_B__ 4y agoWell let me put it to you this way. He whines about proof of work, as is popular to do. Proof of work means to expend resources to produce a true statement such that the cost of lying is prohibitive, because producing an accurate record is better than producing nothing, given the same expenditure. Cost of refutation is a related rhetorical concept. If this worthless article is going to can a few common critical tropes, all previously addressed, even by other technologies in the same space it aimed at, why should I do anything other than respond with equivalently low effort? Because you want me to expend the resources? I thought wasted resources were bad? That's the premise of the whining after all, isn't it? Disingenuous, worthless article, preying upon stupidity, fear and moral outrage, which just happened to be filed within days of most cryptos dropping 25% in price, roughly, in the middle of a bear market.