Re:Bitcoin's vast energy use could burst its bubble
by zadler on Saturday February 27, 2021 @07:14PM
(#26289445)
For the migration to be complete, there would need to be a coordination between the btc network and an eth contract to move the issuing of the remainder of the supply over to the contract. And an agreement of how the new units would be allocated; it seems doubtful that this could ever take place.
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Re:Bitcoin's vast energy use could burst its bubble
by throwawayQuwcy on Sunday February 28, 2021 @12:07PM
(#26294800)
I don't think there's any reason for a 100% migration. It would be impossible to get consensus for that, like you said.
Anybody who wants to move their coins over can. There are plenty of economic, technical, and moral (climate change) reasons to do so.
Besides, when it's voluntary, people can choose to lock their coins into whichever network they like Ethereum, Cardano, Polkadot. (note: ETH is the only network that has currently has contracts able to lock BTC)
Re:Bitcoin's vast energy use could burst its bubble
by JulianMorrison on Sunday February 28, 2021 @04:54PM
(#26297452)
The reason for a 100% migration is that Bitcoin ought to be switched off in its entirety. Which you can't do while it's being used.