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A comment on Ask HN: Am I going insane or is there genuinely no value in blockchain tech?. Parent comment

Re:Ask HN: Am I going insane or is there genuinely no value ... by paulsutter on Saturday April 23, 2022 @07:28AM (#31133306)
The transactions don’t use the power, the power is used to protect the contents of the chain

(sorry i intended this as a reply to a different comment, not yours, not sure how i did that!)

[ Parent | on HN ]
Re:Ask HN: Am I going insane or is there genuinely no value ... by FabHK on Saturday April 23, 2022 @08:09AM (#31133572)
We agree. Around 0.000001% of the power is used for transactions, which is way more than necessary due to duplication, and 99.999999% for "protection".
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Re:Ask HN: Am I going insane or is there genuinely no value ... by FabHK on Sunday April 24, 2022 @08:25PM (#31149571)
I might have been a bit too eager with the 0's and 9's, might be able to cut half of them.
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