Re:Did Bitcoin just prove it can't scale?
by Dylan16807 on Saturday December 09, 2017 @02:36PM
(#15887613)
If commenting burned ten cents of electricity, no matter how efficient computers get, that would be a huge problem too.
Each post uses as little electricity as is feasible. Efficiency improvements lower the amount of electricity used. Reducing the use 90% would mean 90% fewer posts and ruin the posting experience.
Bitcoin doesn't try to minimize electrical use. Efficiency improvements increase the amount used. Reducing the use 90% would lower the transaction rate 0% and ruin nothing, but we can't do that because it's set up as a competition.
Each post uses as little electricity as is feasible. Efficiency improvements lower the amount of electricity used. Reducing the use 90% would mean 90% fewer posts and ruin the posting experience.
Bitcoin doesn't try to minimize electrical use. Efficiency improvements increase the amount used. Reducing the use 90% would lower the transaction rate 0% and ruin nothing, but we can't do that because it's set up as a competition.