this post was submitted on 03 Apr 2024

8 points (100.0% liked)

Monero

17 readers

2 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago

MODERATORS

admin@monero.town

8

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.

you are viewing a single comment's thread
view the rest of the comments

[–] 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)

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

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

This was a question to you...

[–] 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