Re:Bitcoin may consume as much energy as all data centers gl...
by doggosphere on Wednesday March 10, 2021 @05:16PM
(#26417119)
There is a lack of interest and understanding of central banking and history of money.
Thus most of the analysis is in the framework of systems efficiency (obviously, we're tech nerds afterall).
Crypto is a breakthrough in distributed computing, but utterly under-performs in efficiency against typical computing solutions. This is because of the trade-offs made in order to create a decentralized, permissionless, censorship resistant network.
Thus most of the analysis is in the framework of systems efficiency (obviously, we're tech nerds afterall).
Crypto is a breakthrough in distributed computing, but utterly under-performs in efficiency against typical computing solutions. This is because of the trade-offs made in order to create a decentralized, permissionless, censorship resistant network.