3 ms·
The ethereum merge happened over a year ago and it's not the only PoS network now. Feel free to complain about BTC, but for blockchain in general it doesn't mak
by viraptor 3y ago
The ethereum merge happened over a year ago and it's not the only PoS network now. Feel free to complain about BTC, but for blockchain in general it doesn't make sense.
- acdha 3y agoPoS addresses only part of the inefficient architecture. You’re no longer needing hundreds of power plants to operate a niche financial service, but you still have the storage needed to store every transaction (which is also a huge privacy risk) and the incredibly low transaction rate. These systems are hugely expensive to operate relative to their almost non-existent real-world usage.