this post was submitted on 09 Feb 2024
987 points (97.1% liked)

Technology

58142 readers
4319 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 7 months ago (1 children)

>There IS a problem of using the protocol (at scale) though, because it creates this
unsustainable environment.

this isn't true. the protocol is still functioning fine. the problem is how people are using the protocol.

[–] [email protected] 1 points 7 months ago (1 children)

And there's no way to use it so that it doesn't consume huge amounts of energy because of greed and because of how computers work.

So very much a problem of using PoW.

[–] [email protected] 1 points 7 months ago

you can certainly use it: using the protocol to transact doesn't contribute meaningfully to power consumption. power consumption is almost entirely in the mining.