Re:Proof of work algorithm in Monero based on random code ex...
by Nursie on Monday June 15, 2020 @03:11PM
(#23531684)
> Then any way to dismantle the existing
any way? No, and particulary one that, for instance, encourages competitive.burning of power for profit and uses the power demands of a small country to service the transactional needs of a town.
>How much energy is wasted / burned because of our existing monetary policies?
Probably quite a lot. But then they do so much more than cryptocurrency can, so the comparison is nonsense.
"bajillions" being code for "I have no idea at all" renders your argument at the end there pretty moot.
any way? No, and particulary one that, for instance, encourages competitive.burning of power for profit and uses the power demands of a small country to service the transactional needs of a town.
>How much energy is wasted / burned because of our existing monetary policies?
Probably quite a lot. But then they do so much more than cryptocurrency can, so the comparison is nonsense.
"bajillions" being code for "I have no idea at all" renders your argument at the end there pretty moot.