@stigatle +1
Cuz #eWaste of #ADIC|s is a huge problem.

infosec.space/@kkarhan/1146386…

Kevin Karhan

2025-06-06 21:57:51

like all #PoW #Cryptocurrency, #Monero too does #WastefulComputing.

• Unlike many others it automatically adapts #Difficulty based off total #hashrate as it enshures a constant block reward of 0,6 XMR + Tx Fees per block at a constant block time of 2mins per block.

That being said Monero was explicitly designed to not be #ASIC-able in a cost-efficient manner and be #GPU-unfriendly, so it's more #decentralized and doesn't cause harm by demanding custom hardware that can't be repurposed that causes 100% avoidable #eWaste!

• IOW: I's the 'least worst' option given it's PoW doesn't incentive or reward capital holders (beyond the ability to host and have power to mine)…

...returns available to anyone, just as anyone can invest in stock funds. That alone doesn't make things "fair". Our markets, taxes, regulations still favour the wealthy.

PoW is also a capital intensive business and with more capital you can achieve higher returns due to economies of scale.

Ultimately these are fundamental issues with capitalist markets refracted through the lens of cryptocurrency generation and distribution.

Inequality will not be solved here.

@hyc @voxel @kkarhan

Noone claims that #Monero will help "#AbolishCapitalism"!

• That would be deranged and in complete denial of reality.

What is however evident is that only #PostPrivacy #Shitcoins can do #ProofOfStake as unlike #ProofOfWork it inherently necessitates #PostPrivacy as in all transactions and amounts are public.

• I'm pretty shure that #PoS cannot be implemented (even if #Monero devs wanted it to!) without making removing Monero's #privacy that it can retain under #PoW.

Again: I call it "least worst" for a reason; not "great", "good" or even "okay"...

Howard Chu @ Symas

2025-06-06 20:38:03

PoW vs PoS has been debated ad nauseam already. PoS is unworkable for many reasons but most obviously because your stake is the number of coins you own. Publishing the number of coins you own defeats the purpose of Monero's confidentiality guarantees. It's a non-starter.

@cobordism @hyc IMHO the only thing that moving #Ethereum from #PoW to #PoS achieved is raising the wall to make it harder, more expensive amd less attractive for #SmallInvestors to fiddle with it.

• #NotFinancialAdvice but I would've always disrecommended that espechally after #Buterin et. al. decided to #Backroll due to them and others having been #HornyForMoney and wanting to pull funds from #TheDAO.

Demondtrably, #EthereumClassic would at least be more trustworthy, alas that's an Opinion based off 'vibes'…

• Whether the PoS transition did save energy is debateable since #Ethereum uses #ASIC|s which makes it way more polluting due to these being useless for anything else. #Scalpers are shit but at the very least a #CPU or #GPU can be reused elsewhere…

@kkarhan
"Whether the PoS transition did save energy is debateable since #Ethereum uses #ASIC|s"

can I have some of what you are smoking? Must be strong stuff :D

@hyc @voxel

@cobordism @hyc It's called #mathematics, because #ASIC|s are simply manufactured #eWaste by virtue of being non-reuseable nor upcycle-able.

• A #CPU or #GPU can at least be #reused for different tasks and even #upcycled to be used in #consumer chassis with an adequate cooling system.

Your reply indicates that you ain't aware of fundamentals like what an ASIC is, that producing ICs is inherently bad for the envoirment and that these are just bad per concept, thus you've disqualified yourself with the saneist reply from any discussion.

• I'll give you a timeout of a few days. Feel free to sincerely apologize after that...

#thxbye #EOD #next #muted

Aron Fischer

2025-06-07 12:32:19

@kkarhan
"Whether the PoS transition did save energy is debateable since #Ethereum uses #ASIC|s"

can I have some of what you are smoking? Must be strong stuff :D

@hyc @voxel