it’s just that PoW is trash when applied at scale for encouraging energy waste - and that’s by design - so indeed, “there’s something wrong with the protocol”.
it’s just that PoW is trash when applied at scale for encouraging energy waste - and that’s by design - so indeed, “there’s something wrong with the protocol”.
bigMouthCommie@kolektiva.social 7 months ago
you seem to understand that the protocol can function without the massive power use but you seem to want to blame the protocol for the power use.
at this point, we have to agree to disagree.
have a nice day
eager_eagle@lemmy.world 7 months ago
At scale no, it can’t and that’ll never be the case because at any given time, someone will be willing to put more energy (work) into it to gain an advantage - so as long as there’s demand, PoW will always demand huge amounts of energy.
And yes, I do blame the consensus protocol because ultimately that’s the culprit of causing this incentive to waste energy and targeting miners or any other actors is an utter waste of time.
bigMouthCommie@kolektiva.social 7 months ago
> at any given time, someone will be willing to put more energy (work) into it to gain an advantage
that's not a problem with the protocol. that's a problem with people. that's like saying that houses are a problem because people rent them to exploit the working class. the problem isn't the house, it's the people who try to buy all the houses.
eager_eagle@lemmy.world 7 months ago
I never said there’s a problem with the protocol - that’s indeed, working as intended. There IS a problem of using the protocol though, because it creates this unsustainable environment.
bigMouthCommie@kolektiva.social 7 months ago
>At scale
what does that mean?
eager_eagle@lemmy.world 7 months ago
meaning PoW is not such a problem when applied to create consensus in local or niche blockchains as the difficulty (and energy consumption) is orders of magnitude lower.