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A comment on Fidelity launches trade execution and custody for cryptocurrencies. Parent comment

Re:Fidelity launches trade execution and custody for cryptoc... by corv on Monday October 29, 2018 @02:26AM (#18325432)
Yes, the expenditure of energy is a defining feature of Proof of Work security, however there is going to be a plateau.

The immutable base layer Bitcoin provides is also on a trajectory of feature completion and second layer technology will increase the amount of transactions per kWh tremendously.

Who knows what benefits micropayments or smart contracts are poised to bring to further increase the efficiency of the global economy?

[ Parent | on HN ]
Re:Fidelity launches trade execution and custody for cryptoc... by asynchrony on Tuesday October 30, 2018 @02:27AM (#18334329)
If you can’t offer a concrete example of more efficient micropayments or useful smart contracts, you’re basically talking about how great the second coming of Jesus might be.
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