Re:A faster, more efficient cryptocurrency
by sjeohp on Monday February 18, 2019 @05:11PM
(#19194948)
That's like saying space travel is a stupid waste of energy because it costs more than driving. Some things are expensive, sometimes they get cheaper. In the meantime if you want to get to Mars you either buy the proven rocket or the cheap one.
I said it's possible. I didn't say it was easy. That said, PoW on a small scale is an interesting experiment. On a large scale, it's a horrible way of allocating energy usage. So while the databases running on PoW are working, they are a stupid waste of energy.
I welcome any alternative.