Memes

45886 readers

1628 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

[email protected]

497

So much for Blockchain's real life use cases (lemmy.ml)

submitted 5 months ago by [email protected] to c/[email protected]

139 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 3 points 5 months ago

I mean, you can use other systems besides cryptographic proof-of-work to determine legitimacy of stakeholders of a blockchain. It doesn’t necessarily have to waste power.

That being said, none of the other alternatives are really viable either. Proof-of-stake? So the “richest” people on the chain control all the money? Sounds like we just reinvented the late-stage-capitalism we already have.