Lots of crypto tech doesn’t use this much energy. Proof of work is pretty obsolete by now, so it’s just no longer a relevant argument.
Sure Bitcoin is expensive energy-wise, but criticize Bitcoin for that not crypto.
Sure Bitcoin is expensive energy-wise, but criticize Bitcoin for that not crypto.
> Critics have argued that the proof of stake will likely lead cryptocurrency blockchains being more centralized in comparison to proof of work as the system favors users who have a large amount of cryptocurrency, which in turn could lead to users who have a large amount of cryptocurrency having major influence on the management and direction for a crypto blockchain
What is money if it isn't proof of work?