
SLP487 Bitcoin Mining Energy Debate - Digiconomist and Ben Gagnon
Stephan Livera Podcast
00:00
Ethereum's Proof of Work Versus Proof of State
Einstein: What we can do for cryptocurrencies is unrivaled. There is no other industry where every single day you can just take a little piece of paper and start very simply making a very easy calculation. The only thing we know is that they have been they managed to run uninterrupted since they made this switch, but there's no guarantee for the future. I don't like the transaction fee methodology because it isn't really what I think we're doing here with miners. And when we look at electricity consumption, I also disagree that electricity consumption for the network should go down over time.
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