Wait but that’s like saying that as long as the world has at least one electric car the internal combustion engine can continue to exist without issue.
If the vast majority of cryptocurrencies are still power hungry and the most commonly used cryptocurrency is power hungry then the fact that some of the others are better doesn’t really help.
that’s like saying that as long as the world has at least one electric car the internal combustion engine can continue to exist without issue.
No. PoS (EV makers) are not supporting the existence of PoW (ICE vehicles). In fact, one builder made a deliberate planned move from PoW to PoS. All new builders are PoS.
the vast majority of cryptocurrencies are still power hungry
False. Remove Bitcoin (>100TWh) and the only PoW coin in the top 10 is DOGE (~4TWh).
Bitcoin maxis who dismiss all other blockchains as Alts are very much like climate deniers. They illogically block improvements and efficiencies in the Bitcoin protocol (e.g. block size increases).
However if enery usage is your main criticism then attacking PoS is like campaigning against wind or solar. We want PoS to completely replace PoW.
Knock_Knock_Lemmy_In@lemmy.world 3 weeks ago
That’s as irrational as saying no-one can use EVs until we get rid of all ICE vehicles.
echodot@feddit.uk 3 weeks ago
Wait but that’s like saying that as long as the world has at least one electric car the internal combustion engine can continue to exist without issue.
If the vast majority of cryptocurrencies are still power hungry and the most commonly used cryptocurrency is power hungry then the fact that some of the others are better doesn’t really help.
Knock_Knock_Lemmy_In@lemmy.world 3 weeks ago
No. PoS (EV makers) are not supporting the existence of PoW (ICE vehicles). In fact, one builder made a deliberate planned move from PoW to PoS. All new builders are PoS.
False. Remove Bitcoin (>100TWh) and the only PoW coin in the top 10 is DOGE (~4TWh).
echodot@feddit.uk 3 weeks ago
Oh great so if you remove bitcoin your argument works, trouble is, bitcoin exists
LandedGentry@lemmy.zip 3 weeks ago
LandedGentry@lemmy.zip 3 weeks ago
Knock_Knock_Lemmy_In@lemmy.world 3 weeks ago
Your dislike of PoW is totally understandable.
Bitcoin maxis who dismiss all other blockchains as Alts are very much like climate deniers. They illogically block improvements and efficiencies in the Bitcoin protocol (e.g. block size increases).
However if enery usage is your main criticism then attacking PoS is like campaigning against wind or solar. We want PoS to completely replace PoW.