Please also remember that the mafia is just one of the big organized crimes in Italy. We have whole criminal families and such, "cosa nostra", "'ndrangeta" and many more:…
Great, the hard disk shortage a few years back was not enough, the current gpu one is not even done, and now we will not be able to buy ssd/hd anymore thanks to proof of space How is it possible to frame those systems…
> Renewable power generation from wind and solar has a much higher ratio of wasted power because they have such high variability in output. Because of this, in cases where the power generally can't be cost effectively…
Next in the news: Why proof-of-space cryptocurrencies do not waste disk space, even though you can't use it anymore. Why can't we stop pretending it is not just an unregulated investment? It's good at that. Market it as…
Currently the only way for bitcoin to be clean is to switch the underlying tech to proof of stake https://www.change.org/StopBurncoins
So yesterday in HN we linked to a medium post of mine where I expanded on the problems of Proof of work, and linked to a change.org petition to ban proof of work to force projects move to proof of stake. It got flagged,…
It's an attack on PoW, not bitcoin. Bitcoin can switch tech if the community wants. 1) the problem is that usage != waste. PoW is mostly waste 2) No, it's also about available electricity. Mining is causing blackouts.…
And miners will not even accept switching to hasing like argon2, which would render GPU and ASIC useless, thus really distributing the mining a lot more. So we all agree that in one form or the other, the miners are…
so... we have Proof of Stake, in various forms. And we can say "it will be banned in 1-2 years, you have the time to change the underlying tech. With those premises the value will not change much, and the global…
That'd be me. Yep, a total of < 1$, on an single, unknown and not even traded, but old coin (which I won't even mention) that is not going anywhere. Basically for fun.
Please also remember that the mafia is just one of the big organized crimes in Italy. We have whole criminal families and such, "cosa nostra", "'ndrangeta" and many more:…
Great, the hard disk shortage a few years back was not enough, the current gpu one is not even done, and now we will not be able to buy ssd/hd anymore thanks to proof of space How is it possible to frame those systems…
> Renewable power generation from wind and solar has a much higher ratio of wasted power because they have such high variability in output. Because of this, in cases where the power generally can't be cost effectively…
Next in the news: Why proof-of-space cryptocurrencies do not waste disk space, even though you can't use it anymore. Why can't we stop pretending it is not just an unregulated investment? It's good at that. Market it as…
Currently the only way for bitcoin to be clean is to switch the underlying tech to proof of stake https://www.change.org/StopBurncoins
So yesterday in HN we linked to a medium post of mine where I expanded on the problems of Proof of work, and linked to a change.org petition to ban proof of work to force projects move to proof of stake. It got flagged,…
It's an attack on PoW, not bitcoin. Bitcoin can switch tech if the community wants. 1) the problem is that usage != waste. PoW is mostly waste 2) No, it's also about available electricity. Mining is causing blackouts.…
And miners will not even accept switching to hasing like argon2, which would render GPU and ASIC useless, thus really distributing the mining a lot more. So we all agree that in one form or the other, the miners are…
so... we have Proof of Stake, in various forms. And we can say "it will be banned in 1-2 years, you have the time to change the underlying tech. With those premises the value will not change much, and the global…
That'd be me. Yep, a total of < 1$, on an single, unknown and not even traded, but old coin (which I won't even mention) that is not going anywhere. Basically for fun.