Re:Proof of work is temporarily illegal in New York
by 0x62 on Thursday November 24, 2022 @12:14PM
(#33733694)
My argument isn't that Paypal is more wasteful necessarily, it's more pointing out the inconsistencies in how value vs sustainability is weighed up.
Ethereum is currently doing 30 TPS [0], and Paypal ~200 [1]. Assuming that energy usage scales linearly (a naive assumption, but for arguments sake), it could deliver similar value with 10x lower energy consumption, I don't find arguing against the adoption of PoS crypto solely based on sustainability very credible either.
Ethereum is currently doing 30 TPS [0], and Paypal ~200 [1]. Assuming that energy usage scales linearly (a naive assumption, but for arguments sake), it could deliver similar value with 10x lower energy consumption, I don't find arguing against the adoption of PoS crypto solely based on sustainability very credible either.
[0] https://ethtps.info/
[1] https://www.ing.uc.cl/en/boletines/engineering-student-scale....