Re:In Response to My first impressions of Web3
by giantrobot on Saturday January 08, 2022 @03:32PM
(#29855878)
Because in the meantime the Ethereum network has less computing power than a Raspberry Pi while consuming several orders of magnitude more electricity. So it's shitty, expensive, and horribly polluting.
Re:In Response to My first impressions of Web3
by dlubarov on Sunday January 09, 2022 @11:24AM
(#29864646)
Yes, that's why we're working to make it better with proof of stake, sharding, validity proofs and so forth. It won't happen overnight but we're getting there. Why not help improve things instead of critiquing the current state?
Granted, early timelines from Vitalik and others were way off base initially. The planning fallacy is a thing, and we shouldn't expect a 21 year old to accurately predict the timing of a very complex network migration. Hanlon's razor suggests that bad estimates are usually just bad estimates, not some kind of scam.