• ayaya@lemdro.id
    link
    fedilink
    English
    arrow-up
    8
    arrow-down
    4
    ·
    edit-2
    1 year ago

    That’s not true at all. That only applies to coins using “proof of work.” Ethereum for example is extremely popular and doesn’t use that. You should really learn more about the topic before spreading misinformation.

    • Zippy@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      1 year ago

      Yes I am familiar with that and heard that argument before. It does provide some other functions that can negate some of the proof of work. But it is also subject to proof of work to a lesser degree but that means it will also hit some equilibrium. Will that outweigh the benefits it provides and this be ultimately viable and more important, environmentally viable? With my experience in it, I am dubious.