Custoslibera@lemmy.world to Memes@lemmy.ml · 1 year agoIt’s all a scam, don’t even try to tell me it’s usefuli.imgur.comimagemessage-square165fedilinkarrow-up11.48K
arrow-up11.4KimageIt’s all a scam, don’t even try to tell me it’s usefuli.imgur.comCustoslibera@lemmy.world to Memes@lemmy.ml · 1 year agomessage-square165fedilink
minus-squareNewDark@unilem.orglinkfedilinkarrow-up6·1 year agoMining is only one strategy for concenous, but yes it is a pretty rudementary and inefficient version.
minus-squareBolexForSoup@kbin.sociallinkfedilinkarrow-up1arrow-down1·1 year agoWell it’s been over a decade and Bitcoin is still PoW, as well as nearly 50% of the entire crypto market.
minus-squareNewDark@unilem.orglinkfedilinkarrow-up2·1 year agoBitcoin is more religion and cult than anything. Of course they think it’s great or at least able to hand wave criticisms. And yeah, consensus is a hard problem to solve for. Many have taken the route of least resistance and implemented what is known to work.
Mining is only one strategy for concenous, but yes it is a pretty rudementary and inefficient version.
Well it’s been over a decade and Bitcoin is still PoW, as well as nearly 50% of the entire crypto market.
Bitcoin is more religion and cult than anything. Of course they think it’s great or at least able to hand wave criticisms.
And yeah, consensus is a hard problem to solve for. Many have taken the route of least resistance and implemented what is known to work.