Hardly. It's not about scarcity for PoS+T. The pollution, heat, and energy waste of Proof of Work far outweigh and minimal change in the cost of storage that PoS+T might bring.
Of course it’s about scarcity. If it’s profitable to dedicate storage to this scheme, it will stoke demand for that storage, the only limit of which is breakeven on the costs, scarcity and availability of that storage is then the factor limiting the space. And the whole scheme, as with all cryptocurrency, is designed to create digital scarcity in a decentralised way.
It’s a terrible plan and very shortsighted. Making hard drives isn’t free of environmental externalities.
Again, I fail to understand that math or extremist rationale. You're comparing existing significant energy waste to an artificial scenario where all drive space is hoarded - and if that case ever came true, the total energy waste would still remain less than PoW by orders of magnitude.
Nursie|4 years ago
It’s a terrible plan and very shortsighted. Making hard drives isn’t free of environmental externalities.
wavesplash|4 years ago