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A comment on BitTorrent inventor announces eco-friendly Bitcoin competitor Chia. Parent comment

Re:BitTorrent inventor announces eco-friendly Bitcoin compet... by colordrops on Friday November 10, 2017 @12:01AM (#15668053)
There is no other way to secure a distributed ledger at the moment other than using large amounts of power. That leaves two choices:

1. Admit that you think that crypto currency is not worth the energy cost. Even if you believe that, it's just wasted breath on your part because they are absolutely not going to go away.

2. Propose another solution. No one else on earth has found a better solution than proof of work. Do you have something better?

[ Parent | on HN ]
Re:BitTorrent inventor announces eco-friendly Bitcoin compet... by parasubvert on Friday November 10, 2017 @07:43AM (#15669470)
It’s not wasted breath to say it’s not worth it. The point is that distributed ledgers will not be the future of currency and banking - they’re not worth it. They’ll surely exist as a niche technology or religious artifact for the libertarian set.
[ Parent | on HN ]