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A comment on New Chia coin crypto with Proof of Space may create shortage of storage device.

Re:New Chia coin crypto with Proof of Space may create short... by idiotsecant on Tuesday April 20, 2021 @05:45PM (#26882203)
Proof of stake is the only consensus mechanism that remotely makes sense (that I've seen so far anyhow). It has its own nightmarish unintended consequences but at least it isn't actually burning a significant portion of world resources.
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Re:New Chia coin crypto with Proof of Space may create short... by zepto on Tuesday April 20, 2021 @07:14PM (#26883234)
> It has its own nightmarish unintended consequences

What are these?

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Re:New Chia coin crypto with Proof of Space may create short... by AustinDev on Tuesday April 20, 2021 @10:00PM (#26884568)
Rich get richer forever.
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Re:New Chia coin crypto with Proof of Space may create short... by zepto on Wednesday April 21, 2021 @10:23AM (#26890075)
That’s true of POW, no? Is there any cryptocurrency where it isn’t?
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Re:New Chia coin crypto with Proof of Space may create short... by idiotsecant on Wednesday April 21, 2021 @12:15AM (#26885364)
Which, to be fair, is also a feature of capitalism.
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