Re:Coin Carbon Cap – PoW cryptocurrencies ranked by energy e...
by ericjang on Sunday May 16, 2021 @10:41PM
(#27179584)
Do you have an estimate of energy used / total value secured ? If I am understanding correctly, an upper bound on "total value secured" would just be the total transaction volume moved in a block?
[ Parent
| on HN ]
Re:Coin Carbon Cap – PoW cryptocurrencies ranked by energy e...
by clarkmoody on Monday May 17, 2021 @12:30AM
(#27180057)
Each block secures the entire chain. The lower bound of the total value secured is market cap of the coin. In the case of Bitcoin, the upper bound is the value of the entire "crypto" ecosystem, including all tokens, companies, jobs, infrastructure, etc.