New cryptocurrency could potentially cause an SSD or hard drive shortage
1–10 of 33 posts
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#2=\ thats too bad
but I do have 16TB of NVMe SSDs so..... hmmmm, I guess that's fine since I already own them
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#3The one who devises a method to keep crypto people busy without them having negative effects on the real world might get the Nobel Peace Prize - or rather the Economics one? Maybe both - to express our deepest gratitude?
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#4Getting really fucking tired of these ponzi schemes creating massive collateral damages. Can the "industry" just move on to proof of stake and contain their damages to themselves?
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#5Amount of damage by cryptocurrencies is mind boggling and yet they are going strong...
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#6Kind of curious how you can actually ensure they actually have that unused space available. The article said it had to be empty.. couldn't someone just write their own disk driver that lies about the size of the drive?
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#7This isn't the first proof-of-storage-capacity cryptographic currency. I think the first was Burst, which came out in 2014.
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#8[deleted]
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#9Getting really fucking tired of these ponzi schemes creating massive collateral damages. Can the "industry" just move on to proof of stake and contain their damages to themselves?
Proof of stake is an oligarchy. The only proof-of-X that works is if X guarantees one person has the same voting power as another person. Finding X is currently an unsolved problem in mathematics and computer science. No cryptocurrency does this.
Re: New cryptocurrency could potentially cause an SSD or hard drive shortage
#10Getting really fucking tired of these ponzi schemes creating massive collateral damages. Can the "industry" just move on to proof of stake and contain their damages to themselves?
Proof of stake is an oligarchy. The only proof-of-X that works is if X guarantees one person has the same voting power as another person. Finding X is currently an unsolved problem in mathematics and computer science. No cryptocurrency does this.
It's only oligarchy if stakers have governance rights over the protocol. That's true of some PoS chains but not all.
Otherwise, it's just people with more money getting the same percentage returns as anyone else, which is actually a better situation than legacy banking (where bigger accounts get better rates) or proof of work (where there are physical economies of scale).