Slogans and fud that you push do not make for reality. It only attempts to warp reality. The china fud with electricity is rather amusing attempt on your part due to the fact that china is known for lying about well....everything really and, has a 4,000 year history of doing so. Following this logic you can easily see how you would believe everyone else's fud to push whatever coin they currently have, I've already pointed out Cardanos critical flaw which is currently unsolvable. Its betting on AI to catch up and solve the problem. but I doubt that will happen. even if it does the fact its designed to be centralized means its has built in corruption problems.
I do think bitcoins future hashrate has a pareto distro problem. It currently does not. Where in the future it has this problem is unknowable at this time.
I do think bitcoins future hashrate has a pareto distro problem. It currently does not. Where in the future it has this problem is unknowable at this time.
Cardano has no critical flaw, but if you feel it is so critical then you should crash cardano to prove your point.
Forgive me for not holding my breath.
PoW future is not unknowable, it is right in everyone face, just those who for personal financial interest refuse to see it.
PoW is designed to use energy in a competition to earn more than the other competitors.
The huge design flaw and the reason PoW is a technical dead end, their is no limit to the energy required for their competition,
meaning at some point, the PoW miners are not only competing with each other , but also complete every other person that uses energy.
Your family for example use energy to heat / cool their homes, once bitcoin miners are willing to pay more for the energy than your family,
the price of energy will increase to the point the Bitcoin miners can still afford but your family can't.
But the competition between the miners will eventually reach the point the power grids can no longer sustain them , and the power grids collapse.
Bitcoin PoW Miners are after all nothing but greed in physical form.
Endless Greed not only destroys others , but in the end it destroys the miners as well.
https://forkast.news/headlines/kazakhstans-power-shortages-crypto-miners-scramble/
I imagine the people that are suffering rolling blackouts in Kazakhstan, wish that it was fud and not their reality.
Enjoy your delusions until the rolling blackouts snaps you painfully back to reality.
PoW is a winner-take-all-let-the-rest-of-the-world-be-damned algorithm .
Which in the end there will be no winners.
PoS is a cooperative secured network, which requires user join forces to secure the network , at the same time, uses less energy per house hold than an xbox.
But believe what you like, you have ~2 years before the truth can no longer be hid , even by the cult mentality,
no lights, no heat, no ac, will do what the most profound logical argument can't, it will snap you out of the bitcoin cult mentality.
