>At scale
what does that mean?
the protocol can function without the massive power use
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 11 months ago
eager_eagle@lemmy.world 11 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.
bigMouthCommie@kolektiva.social 11 months ago
PoW isn't a problem at all.
bigMouthCommie@kolektiva.social 11 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 11 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 11 months ago
>There IS a problem of using the protocol (at scale) though, because it creates this
unsustainable environment.
this isn't true. the protocol is still functioning fine. the problem is how people are using the protocol.
eager_eagle@lemmy.world 11 months ago
And there’s no way to use it so that it doesn’t consume huge amounts of energy because of greed and because of how computers work.
So very much a problem of using PoW.