this post was submitted on 03 Apr 2024

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Could Monero switch to a proof of stake model? (lemm.ee)

submitted 7 months ago by GregorTacTac@lemm.ee to c/monero@monero.town

37 comments fedilink hide all child comments

Proof of stake is more energy efficient.

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[–] GregorTacTac@lemm.ee 4 points 7 months ago (1 children)

Ok, monero is not a shitcoin.

[–] n3m37h@lemmy.dbzer0.com 3 points 7 months ago (1 children)

All crypto are shit coins sorry to say

[–] GregorTacTac@lemm.ee 3 points 7 months ago (1 children)

Do you even understand how crypto works?

[–] n3m37h@lemmy.dbzer0.com 1 points 7 months ago (1 children)

Yes and its destroying our enviorment and taking up massive amounts of disk space compounding the problem

[–] GregorTacTac@lemm.ee 3 points 7 months ago (1 children)

Banks do that as well on a much larger scale.

[–] n3m37h@lemmy.dbzer0.com 1 points 7 months ago (1 children)

Is that why banks use 2% of the US power supply? Oh wait that is shit coins

[–] GregorTacTac@lemm.ee 2 points 7 months ago (2 children)

And how much do banks use?

[–] n3m37h@lemmy.dbzer0.com 1 points 7 months ago (1 children)

You should know that since it obviously uses more than your shit coins.... Right?

[–] GregorTacTac@lemm.ee 1 points 7 months ago* (last edited 7 months ago) (1 children)

How do you know that it "obviously" uses more? You're making up stuff at this point.

[–] n3m37h@lemmy.dbzer0.com 1 points 7 months ago (1 children)

Im not defending crypto, you are. The burden if proof is on you

[–] GregorTacTac@lemm.ee 1 points 7 months ago (1 children)

I'm not defending banks. You are. The burden of proof is on both of us.

[–] n3m37h@lemmy.dbzer0.com 1 points 7 months ago (1 children)

Did I? Just because I don't like crypto doesn't mean I think banks are any better.

If you're going to argue for something you should know the facts.

So go do your research

[–] GregorTacTac@lemm.ee 1 points 7 months ago (1 children)

Here you go.

[–] n3m37h@lemmy.dbzer0.com 1 points 7 months ago* (last edited 7 months ago) (1 children)

So what happens to that power bill when say 4 billion people start using it?

Did they really forget about scale?

~~Y'all are a fuckton dumber than I previously thought. LMFAO~~

Sorry but if y'all want to convince more people, this is the shit y'all need to figure out

[–] dragonsidedd@sciencemastodon.com 1 points 7 months ago

@n3m37h @GregorTacTac number of transactions is largely unrelated to number of miners

[–] n3m37h@lemmy.dbzer0.com 1 points 7 months ago (1 children)

Am I going to get an answer? Or ya afraid?

[–] GregorTacTac@lemm.ee 1 points 7 months ago

This was a question to you...