vi21 to cryptocurrency · 3 years ago[ask fedi] Why do people hate crytocurrency?message-squaremessage-square37fedilinkarrow-up125arrow-down11file-text
arrow-up124arrow-down1message-square[ask fedi] Why do people hate crytocurrency?vi21 to cryptocurrency · 3 years agomessage-square37fedilinkfile-text
minus-squareDessalinesAlinkfedilinkarrow-up2·3 years agoHow is proof of stake as wasteful as proof of work? The main issue is electricity / energy use that scales up as the network does with proof of work systems, because validating transactions require intensive CPU work.
minus-squareDessalinesAlinkfedilinkarrow-up2·3 years agoohh my bad, I hadn’t even heard of that lol. I’ll check it out.
minus-squaresexy_peach@feddit.delinkfedilinkarrow-up3·3 years agoIt’s what the IPFS people made to cash in on their software… Doesn’t really have a good use case honestly
How is proof of stake as wasteful as proof of work? The main issue is electricity / energy use that scales up as the network does with proof of work systems, because validating transactions require intensive CPU work.
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ohh my bad, I hadn’t even heard of that lol. I’ll check it out.
It’s what the IPFS people made to cash in on their software… Doesn’t really have a good use case honestly