top | item 34079651

(no title)

_zllx | 3 years ago

Wait, so crypto is a useless ponzi scheme UNLESS it is using a proof-of-work scheme based on churning text/image models? None of the existing uses made sense until you integrated AI into the backend consensus system? How does that backend change suddenly make crypto useful and not a global ponzi scheme according to you?

Not even saying this is a bad idea if it is possible, though. Just pointing out this contradiction in your criticism of crypto. We should definitely be looking for ways to use proof-of-work without proof-of-waste, as it is still technically the most secure consensus method afaik.

discuss

order

No comments yet.