Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

  • TypicalHog@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    edit-2
    9 months ago

    Just wrote a big ass reply and I clicked “Next” instead of “Reply” and it’s all gone… But in short:

    If a block moves a coin from a to b, that coin can’t also the coin that stakes that block. Granted, I am showing some ignorance of Cardano here, but that’s how other PoS systems work. And there is usually a “cooldown” of a couple blocks to prevent that coin from staking for a while for security reasons.

    Cardano PoS doesn’t function that that and it’s one of the reasons I think it’s superior to others.

    Also, as I said Cardano will transition to full onchain governance and genesis keys will be burned most likely this year. And I’m not sure where you read that stuuf about relay centralization and growing blockchain. Also, Cardano blockchain is growing at about the same rate as Bitcoin atm if we assume every block full.