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stopBurncoins

HN member
Joined
Mon, Mar 29, 2021, 3:36 PM UTC
HN karma
10
Public activity
10 items

About stopBurncoins

https://www.change.org/StopBurncoins https://stopburncoins.medium.com/cryptocoins-proof-of-work-should-be-banned-1cb49c91682c

Recent public activity

  1. comment
    Comment #26900007

    Please also remember that the mafia is just one of the big organized crimes in Italy. We have whole criminal families and such, "cosa nostra", "'ndrangeta" and many more: https://e…

  2. comment
    Comment #26893199

    Great, the hard disk shortage a few years back was not enough, the current gpu one is not even done, and now we will not be able to buy ssd/hd anymore thanks to proof of space How …

  3. comment
    Comment #26893129

    > Renewable power generation from wind and solar has a much higher ratio of wasted power because they have such high variability in output. Because of this, in cases where the powe…

  4. comment
    Comment #26892625

    Next in the news: Why proof-of-space cryptocurrencies do not waste disk space, even though you can't use it anymore. Why can't we stop pretending it is not just an unregulated inve…

  5. comment
    Comment #26892497

    Currently the only way for bitcoin to be clean is to switch the underlying tech to proof of stake https://www.change.org/StopBurncoins

  6. comment
    Comment #26649592

    So yesterday in HN we linked to a medium post of mine where I expanded on the problems of Proof of work, and linked to a change.org petition to ban proof of work to force projects …

  7. comment
    Comment #26623660

    It's an attack on PoW, not bitcoin. Bitcoin can switch tech if the community wants. 1) the problem is that usage != waste. PoW is mostly waste 2) No, it's also about available elec…

  8. comment
    Comment #26623536

    And miners will not even accept switching to hasing like argon2, which would render GPU and ASIC useless, thus really distributing the mining a lot more. So we all agree that in on…

  9. comment
    Comment #26623423

    so... we have Proof of Stake, in various forms. And we can say "it will be banned in 1-2 years, you have the time to change the underlying tech. With those premises the value will …

  10. comment
    Comment #26623381

    That'd be me. Yep, a total of < 1$, on an single, unknown and not even traded, but old coin (which I won't even mention) that is not going anywhere. Basically for fun.