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Agreed with all of the above, but crypto !== bitcoin, and bitcoin is basically one of the few last holdouts using Proof of Work consensus at this point. I don'
by pcthrowaway 4y ago
Agreed with all of the above, but crypto !== bitcoin, and bitcoin is basically one of the few last holdouts using Proof of Work consensus at this point.
I don't know if it will ever be displaced because there are so many irrational people in the space, but whatever happens with crypto, I hope consensus mechanisms that aren't energy-hungry displace proof of work.