Re:Cryptocurrencies’ Carbon Footprint Underestimated
by tomComb on Tuesday October 05, 2021 @04:19PM
(#28765057)
It's not about the software, it's about the currency and the people who own it.
Re:Cryptocurrencies’ Carbon Footprint Underestimated
by coralreef on Tuesday October 05, 2021 @04:53PM
(#28765479)
By "own" it, does that mean speculators who have coin in wallets, or the open source maintainers whom have influence, or both?
Either way, the only way a coin or chain has value is by people participating in it, whether that's buying, transacting, mining, hosting nodes, or developing.
In fact, the system is so open to competition, you can fork a chain and take all its existing data to support your new network. You can't do that with Facebook, Uber, or Paypal.
That's an interesting way of describing open source software, whose existence depends on nodes willingly adopting and agreeing to a set of protocols. I'm guessing its far easier to fork a chain and convince people to join a new network, than it is to overthrow a central bank/government.