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A comment on Publication of Cryptocurrency Enforcement Framework. Parent comment

Re:Publication of Cryptocurrency Enforcement Framework by kd913 on Thursday October 08, 2020 @02:08PM (#24721953)
Yea I don't think that is worth the ridiculous amount of energy being consumed by crypto. Almost the equivalent of the entirety of Denmark.
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Re:Publication of Cryptocurrency Enforcement Framework by mkolodny on Thursday October 08, 2020 @03:30PM (#24722860)
There are promising alternatives to energy intensive proof-of-work crypto algorithms. Specifically proof-of-stake (Ethereum, etc)[0], and ledger-backed services[1].

[0] https://blockgeeks.com/guides/ethereum-casper/ [1] https://pfrazee.github.io/blog/secure-ledgers-dont-require-p...

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Re:Publication of Cryptocurrency Enforcement Framework by kd913 on Thursday October 08, 2020 @04:07PM (#24723305)
There have been better coins, better protocols for years now, but the most popular cryptocurrency still remains to be bitcoin. Bitcoin alone has a terrible energy footprint.

The environmental damage caused by all this nonsense is not worth it at all.

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Re:Publication of Cryptocurrency Enforcement Framework by young_unixer on Thursday October 08, 2020 @07:38PM (#24725125)
The total amount of money stolen by governments worldwide each year is much bugger than Denmark's GDP.
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