Quote from: BlackHatCoiner on December 20, 2021, 06:12:02 PM

Quote from: TangentC on December 20, 2021, 08:21:34 AM

PoW will have to be banned by every country , no country has the resources to power 2 earths worth of energy drain.

Have you checked the carbon footprint of the current financial system? You keep trying to convince us that PoW is so futile, but fail due to lack of valid arguments. You also choose to support PoS by degrading PoW. And I repeat: It has a strong reliance on renewable sources in contrast with almost everything else. That's due to the incentive of the miners to get away their expenses.

In other words, the system incentivizes you to not harm the environment for the common good.

Quote from: TangentC on December 20, 2021, 08:21:34 AM

Because by having a financial incentive to run a full node, you guarantee that every transaction since the genesis block is attainable by anyone.

But, why should there be a financial reward for this? Isn't your business to want or not want to confirm you have the correct chain; to verify the transactions? The reward for your contribution is the privacy you gain. Why should you make others' fortune less scarce for this (mainly) personal procedure?

You know drinking the btc cultist kool-aid is making you a nutjob. Kiss

Keep ignoring the countries that ban Proof of Waste, it still will occur,
be sure and post when any country bans a Bank, until then realize your btc cult think is irrelevant in this reality.

Why should miners make all of the money in Proof of Waste, when only the rich can be miners.
In Proof of Stake , everyone that participates in staking can secure and profit from the network.
In your Proof of Waste only rich elites that can afford muti-million warehouses that waste energy with zero increase in performance or security,
if you prefer that , go ahead and slap a slave sticker on your back and wander the streets begging a rich person to be your master. Tongue