News for hackers. Stuff that matters.
Re:Tell HN: We have a responsibility to speak out against bl... by agilob on Friday January 28, 2022 @04:55PM (#30120915)
>Tether is and then completely ignores USDC. He also claims that none of the popular blockchains can scale, but Solana is frequently in the top 5 most popular cryptocurrencies.

This is very frequent tone on many subreddits, whether you used it intentionally or not, you became part of the problem: none blockchains can scale and all are bad for planet, but have you seen how good solana actually is?

This week Solana had some problems with network congestion, subreddit was instantly flooded by what initially looked to be anti-CC movement, but quickly turned out to be Stellar supporters looking for new buyers, day before trading value dropped 15%...

Edit:

This is it, look at what I did. I didn't say anything bad about solana or PoS but people jumped to comments to protect this project asking me to explain myself from something I did not say. I didn't even state my opinion on blockchain, PoS, Solana nor Stellar.

Re:Tell HN: We have a responsibility to speak out against bl... by pcthrowaway on Friday January 28, 2022 @05:01PM (#30121006)
> none blockchains can scale and all are bad for planet

How is Solana bad for the planet exactly? I don't use Solana, or particularly like it, but it's proof of stake, so if you'd resist the urge to jump to conclusions, you'd find with a couple of minutes of research that its energy usage is comparable to a few average households.

Re:Tell HN: We have a responsibility to speak out against bl... by endisneigh on Friday January 28, 2022 @07:43PM (#30122513)
> In total, the entire Solana network — with 1,196 validator nodes and an estimated 20,000,000,000 transactions — uses an estimated 11,051,066 kWh per year. This is the equivalent of the average electricity usage of 1038 American households.

https://solana.com/news/solana-energy-usage-report-november-...

Re:Tell HN: We have a responsibility to speak out against bl... by sib301 on Friday January 28, 2022 @10:00PM (#30123366)
How much does AWS use for a comparable number of transactions? Your numbers don’t mean anything without additional context.
Re:Tell HN: We have a responsibility to speak out against bl... by endisneigh on Saturday January 29, 2022 @12:49AM (#30124092)
> …you'd resist the urge to jump to conclusions, you'd find with a couple of minutes of research that its energy usage is comparable to a few average households.

>> …uses an estimated 11,051,066 kWh per year. This is the equivalent of the average electricity usage of 1038 American households.

>>> How much does AWS use for a comparable number of transactions? Your numbers don’t mean anything without additional context.

lol

Re:Tell HN: We have a responsibility to speak out against bl... by pcthrowaway on Saturday January 29, 2022 @03:19AM (#30124718)
Fair enough, the energy usage is an order of magnitude higher (but other proof of stake cryptos with fewer validators do run on a much leaner network, though I'm not saying this is necessarily a good thing)

From your own link though, with the current usage of the Solana network, a transaction consumes about as much energy as a google search. Not exactly something worth drawing out the energy pitchforks over.

Re:Tell HN: We have a responsibility to speak out against bl... by jonwalch on Friday January 28, 2022 @04:58PM (#30120973)
Why is Proof of Stake bad for the planet?
Re:Tell HN: We have a responsibility to speak out against bl... by dorgo on Saturday January 29, 2022 @07:18PM (#30132115)
>none blockchains can scale and all are bad for planet

>I didn't say anything bad about solana or PoS

Isn't this a contradiction?

Re:Tell HN: We have a responsibility to speak out against bl... by albedoa on Monday January 31, 2022 @12:07PM (#30150415)
Yes, if you remove two compatible lines from their carefully positioned contexts then they risk becoming contradictions. This is the exact point that the comment you are replying to is making.
Re:Tell HN: We have a responsibility to speak out against bl... by agilob on Sunday January 30, 2022 @06:09AM (#30135906)
>none blockchains can scale and all are bad for planet, but have you seen how good solana actually is?

This is the opinion i started finding on subreddits more and more often, not my opinion.