I couldn’t care less :) if you want to pretend the rest of the ecosystem doesn’t exist it’s up to you. But it’s a bit like China looking at democracies in the west and only looking at the US and being “democracies don’t have universal healthcare, what’s the point lol”.
>> the only blockchains that are relevant are just colossal energy sinks
> I couldn’t care less :) if you want to pretend the rest of the ecosystem doesn’t exist it’s up to you.
Eh... You're the one defending a system that doesn't give a shit about the ecosystem. You know, the real actual ecosystem, the one POW[1] blockchain so immensely contributes to destroying. It's almost as if you guys are all pretending it doesn’t exist.
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[1]: And what an apt acronym that is, in this context.
PoW is what makes Blockchains of BTC truly permissionless and decentralized. It's a solution to the 51% attack. Yes PoW is resource hungry and expensive but it's a feature not a bug.
If we remove PoW to reduce cost and stop wasting energy, it just makes it another centralized system. PoS or FPoS is centralization in the hands of a few whale coin holders.
Many other VC backed blockchains like Solana are not even decentralized. And to talk about enterprise blockchain like Corda or Hyperleger, I don't know if it's even correct to call them blockchain.
