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An article about blockchain where the thesis is that it doesn't solve any problems and it doesn't even mention Ethereum? This article is extremely poorly researched (maybe on purpose) and reads like clickbait.
> So much energy that the two biggest blockchains in the world – bitcoin and Ethereum – are now using up the same amount of electricity as the whole of Austria.
An article about blockchain where the thesis is that it doesn't solve any problems and it doesn't even mention Ethereum? This article is extremely poorly researched (maybe on purpose) and reads like clickbait.
It does mention ethereum: > So much energy that the two biggest blockchains in the world – bitcoin and Ethereum – are now using up the same amount of electricity as the whole of Austria.
An article about blockchain where the thesis is that it doesn't solve any problems and it doesn't even mention Ethereum? This article is extremely poorly researched (maybe on purpose) and reads like clickbait.
It does mention ethereum: > So much energy that the two biggest blockchains in the world – bitcoin and Ethereum – are now using up the same amount of electricity as the whole of Austria.
The 402 response code in HTTP might be a useful thing to "hook up" to Lightning, which itself is useful because of the Bitcoin blockchain. Having fast micropayments payments running on data requests is useful for a wide variety of cloud applications, including but not limited to data transfer costs and queries to machine learning models, all without the need for "users" on the systems being accessed. The way I'd put…
Earlier quoted context omitted.
It does mention ethereum: > So much energy that the two biggest blockchains in the world – bitcoin and Ethereum – are now using up the same amount of electricity as the whole of Austria.
Ethereum developers have been working extremely hard to move to proof of stake to remove this massive power requirement. It's too bad that wasn't mentioned in the article.
Responding to title only: of course, but the things it _is_ a solution for will be world changing.
Earlier quoted context omitted.
It does mention ethereum: > So much energy that the two biggest blockchains in the world – bitcoin and Ethereum – are now using up the same amount of electricity as the whole of Austria.
Yeah, that's the only spot. Literally just an "and" next to Bitcoin when talking about electricity usage. No mention of what it does, what's currently being built, or the use cases people are using today. I guess that doesn't fit the author's narrative so they ignore it or maybe don't even know it exists. I don't know which is worse in this case.
Earlier quoted context omitted.
Ethereum developers have been working extremely hard to move to proof of stake to remove this massive power requirement. It's too bad that wasn't mentioned in the article.
Slide side track but I never get the complaints about power usage. It’d be great if crypto used less energy obviously but doesn’t fiat also use a ridiculously high amount of energy?
financial apps on ethereum - https://defipulse.com/ - https://uniswap.info/home - https://compound.finance/ - https://nexusmutual.io/ - https://bloom.co/ - https://baseline-protocol.org - https://augur2.eth.link/
non-financial apps on ethereum - https://audius.org/ - https://ens.domains/ - https://decentraland.org/
popular newsletter - https://weekinethereumnews.com/
Earlier quoted context omitted.
Ethereum developers have been working extremely hard to move to proof of stake to remove this massive power requirement. It's too bad that wasn't mentioned in the article.
Slide side track but I never get the complaints about power usage. It’d be great if crypto used less energy obviously but doesn’t fiat also use a ridiculously high amount of energy?