… Oh, so so the terawatts of power wasted is no longer a problem because people don’t really speak of it anymore and cryptobros tried to debate it.
If I’m living under a stone, you’re straight up stoned.
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Decq@lemmy.world 1 week agoWhat stone did you live under? The huge power consumption of crypto was often debated. You just don’t hear too much about it because people don’t really talk about crypto much anymore. Now it’s mostly just people pro crypto who discuss it. And obviously they tend to talk leas about the downsides.
REDACTED@infosec.pub 1 week ago
phoenixz@lemmy.ca 1 week ago
Eh, that enormous energy consumption hasn’t change, y’know. For Bitcoin, for example, the basic concept is still that ALL wallets have to process ALL transactions, which scales as well as studfing a walrus in a mini Cooper. Bitcoin is extremely energy inefficient and is simply not a good replacement for transactions for the entire world.
Same goes for all other block chain technologies, they’re fundamentally flawed and won’t ever be good. If you want a good alternative to visa and MasterCard, you’ll need something fundamentally different from blockchain tech.