• lltnskyc
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    7 months ago

    less resource-intensive schemes

    Tell us about the options.

    And I sure hope you are not talking about “less resource-intensive schemes” that are based on “let’s give money to people who have the most money” thus making the cryptocurrencies that use it not only unfair but also even more centralized than bitcoin with its ASICs, right?

    • Hirom@beehaw.org
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      7 months ago

      Tell us about the options.

      Literally anything but proof of work: taler, proof of stake, proof of weight, fiat currency, gold coins, pokemon cards…

      These all have advantages and disadvantages, it depends on what users prioritize: polluting less, privacy, decentralisation, convenience, …

      • lltnskyc
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        7 months ago

        proof of stake

        well, already addressed that in my comment :)

        proof of weight

        seems to be mostly the same thing as PoS.