One variable, on 200 000 computers simultaneously.
Every time a transaction is made.
Which also means that the more blockchain gets used, the more expensive, slow and power hungry it becomes. It is doomed to fail and never be in worldwide use.
Compare it to something like AI, which gets exponentially better the more people use it. The same trajectory as the internet.
One variable, on 200 000 computers simultaneously.
Every time a transaction is made.
Which also means that the more blockchain gets used, the more expensive, slow and power hungry it becomes. It is doomed to fail and never be in worldwide use.
Compare it to something like AI, which gets exponentially better the more people use it. The same trajectory as the internet.
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deleted by creator
https://venturebeat.com/ai/meta-engineer-only-two-nuclear-power-plants-needed-to-fuel-ai-inference-next-year/
Which is why people are so horny for chains using proof of stake instead of proof of work
How does proof of stake not become more expensive, slow, and power hungry the more people use it?
In PoS the constraint on mining is proportional to the amount of tokens you own. Not the electricity/computational power you have.
Tokens are confiscated if you mine dishonestly.