Re:Could AT2 be the answer to cryptocurrency's energy and pe...
by baggins1 on Tuesday June 30, 2020 @07:17PM
(#23695921)
Deliberately wasting energy to achieve an orthogonal goal always struck me as a very 'unengineering' solution to a problem. Almost every other project is optimized for efficiency but bitcoin is the opposite. Sure, it was a clever solution to bombproof security at the time but I always felt this was its Achilles heel.
On top of the promise the cult of bitcoin see, most in the crypto sphere are just looking to get rich quick and get defensive because they are so invested in bitcoin or abc crapcoin instead of what made all of this interesting in the first place, decentralization, no central point of control or failure, trust-less, P2P, privacy and security.
I am extremely excited to see a principled company such as Maidsafe take the lead and blazing the trail to freedom by adopting such an innovation. Best of luck and I hope others see the potential past their bitcoin/blockchain goggles.