cross-posted from: https://beehaw.org/post/889318

I’m going to keep this short but I just fell down the rabbithole of crypto again and maybe it isn’t as bad as I thought. Many of their ideas are very similar to the fediverse’s. The idea of decentralized finance using a stablecoin sounds awesome to me. (though i’d much prefer to live in a world where money isn’t needed) Maybe the technology is actually good but the techbros and scammers ruin it with their false promises and complicated words. Hopefully, in a few years after the rest of those scammers have moved on to scamming with AI this tech could be truly used for meaningful purposes.

  • Viper_NZ
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    1 year ago

    Proof of work is energy intense but there are plenty of low energy solutions across the crypto world.

    Proof of stake, pure proof of stake, proof of authority, proof of history, proof of burn, etc.