• Landmammals@lemmy.world
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    9 months ago

    It doesn’t require that much computing power, that’s just a variable that gets set.

    If the difficulty were set lower, one average computer could easily handle it.

    • Honytawk@lemmy.zip
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      9 months ago

      One variable, on 200 000 computers simultaneously.

      Every time a transaction is made.

      Which also means that the more blockchain gets used, the more expensive, slow and power hungry it becomes. It is doomed to fail and never be in worldwide use.

      Compare it to something like AI, which gets exponentially better the more people use it. The same trajectory as the internet.