Re:Cryptocurrencies’ Carbon Footprint Underestimated
by UncleMeat on Tuesday October 05, 2021 @10:11PM
(#28768395)
Those "matters of cryptocurrency" matter a lot. A lot of advocates hate inflation. That's a policy position. And it may be reasonable to want democratic control over those policies rather than miner control.
Re:Cryptocurrencies’ Carbon Footprint Underestimated
by landemva on Tuesday October 05, 2021 @10:32PM
(#28768495)
The Bitcoin block size hard fork showed that full nodes and validating nodes have the power to censor miners who don't follow the consensus rules. And the amount of Bitcoin needed to run a node is zero.
only in matters of that cryptocurrency.
>more shares = more votes
Yeah, people without shares have no business (and no interest) in decisions concerned with that cryptocurrency.
It's like saying a game community is not democratic because only players of that game can make decisions about the future of the game and the hardcore players (early adapters) get more votes than the newbies.
I think crypto tech is exploring ways to reinvent democracy/society, but cryptocurrencies are not meant to do it (as the name cryptoCURRENCY suggests).