- cross-posted to:
- buttcoin@awful.systems
- hackernews@lemmy.bestiver.se
- cross-posted to:
- buttcoin@awful.systems
- hackernews@lemmy.bestiver.se
cross-posted from: https://lemmy.bestiver.se/post/289657
cross-posted from: https://lemmy.bestiver.se/post/289657
Why single out PoW? PoS also documents hashes immutably over time.
Because then people would have to admit that bitcoin isn’t crypto, and PoS consumes something like 99.9% less power than PoW.
Because we’re talking about value by itself, outside of money. So HashCash for emails is useful even if there’s no money involved, but locking up a dozen Stanley Nickels doesn’t cost anything.