Vitalik Buterin is worried about crypto's future

Re:Vitalik Buterin is worried about crypto's future by 300bps on Monday March 21, 2022 @10:14AM (#30754368)

Took me a minute to understand what you were talking about. The context of my claim was, "Since transitioning to PoS, hash rate has only gone up". You seem to think it's disproved by the fact that hashrate has gone slightly down for brief periods in the past even before the transition to PoS.

Hashrate has increased from 14.86 to 1001 Th/s in the past 5 years and is at an all-time high. Since "transitioning" to PoS, it has not gone down.

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Re:Vitalik Buterin is worried about crypto's future by always2slow on Monday March 21, 2022 @10:38AM (#30754634)

So saying that "the hashrate has only gone up" implies the hashrate never goes down [between any comparison point], but you agree that over some comparison points as displayed by the five year graph the hashrate has gone down correct?

Yes, the hashrate graph has a positive slope over large time series, but it does go down at various points along the time series so therefore saying "the hashrate has only gone up" is a false statement.

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Re:Vitalik Buterin is worried about crypto's future by 300bps on Monday March 21, 2022 @10:48AM (#30754750)

Respectfully, you are reading English words like a robot and completely ignoring the context of the conversation. Similarly, if I were to say, "I'm so hungry I could eat a horse" it would not be helpful for you to whip up calculations thereby proving my stomach is not large enough to accommodate the volume of horse meat necessary to make this true.

I have run into this in about 1 out of 50 interactions on HN over the years and I find it most helpful to point this out and mean no disrespect by it.

[ Parent | on HN ]