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I believe proof of work is terrible environmentally speaking. But what it brings (decentralization) is well worth all the negative sides anyway.
by can16358p 3y ago
I believe proof of work is terrible environmentally speaking.
But what it brings (decentralization) is well worth all the negative sides anyway.
- kibwen 3y agoBitcoin is extremely centralized. Every transaction is recorded in a centralized ledger. That ledger may be distributed, but that's not the same thing as being decentralized.
- can16358p 3y agoThere's nothing preventing anyone from mining blocks, either individually or in a pool, and broadcasting newly found blocks to the network to be permanently and uncensorably added to the ledger.