Fictional Cryptocurrencies

Re:Fictional Cryptocurrencies by miguelrochefort on Saturday February 13, 2021 @12:12AM (#26121580)

Exodus: Bitcoin consumes more energy than all of China and transaction fees exceed 1 BTC. Exodus is a modern (scalable, environmentally friendly) implementation of Bitcoin that uses proof of burn to generate 1 XDS for each 1 BTC burned. Users permanently burn Bitcoin by sending them to randomly generated public addresses whose private keys are unknown. Exodus is expected to surpass Bitcoin as the Internet's de facto store of value by 2025.

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Re:Fictional Cryptocurrencies by shinryuu on Saturday February 13, 2021 @02:40AM (#26122077)

That might actually become a thing, doesn't seem too farfetched.

Would require high conviction by the first participants.

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Re:Fictional Cryptocurrencies by FeepingCreature on Saturday February 13, 2021 @05:03AM (#26122629)

You cannot prove that a piece of information is unknown.

edit: Hm, maybe you could use nothing-up-my-sleeve numbers for the public addresses, like a hash of that day's closing prices.

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Re:Fictional Cryptocurrencies by CloselyChunky on Saturday February 13, 2021 @08:58AM (#26123611)

> Bitcoin consumes more energy than all of China

This is not true. Bitcoin energy consumption is somewhere between Chile and Argentina.

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Re:Fictional Cryptocurrencies by miguelrochefort on Saturday February 13, 2021 @09:10AM (#26123670)

> Fictional Cryptocurrencies

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Re:Fictional Cryptocurrencies by biztos on Saturday February 13, 2021 @11:21AM (#26124468)

So it's in northern Patagonia?

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Re:Fictional Cryptocurrencies by herbst on Saturday February 13, 2021 @03:49AM (#26122331)

How is that even not a thing yet?

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