Franck LeroyJan 3, 2023

Exactly 14 years ago , Satoshi Nakamoto designed the most pathetic / inefficient system ever invented by humankind : the blockchain.

Today, it weights 60 000 tons, wastes constantly 10 gigawatts (more than Belgium or Chile) to process less than 7 transactions per second :

Less than a 33 bps modem from 1990.

This could be a joke if it didn't have such gigantic environmental impact, wasn't enabling billion dollars ransomware industry and was not crushing thousands of lives in the process.

Show threadKristoffer LawsonJan 3, 2023
@FranckLeroy it’s also the most immutable data store ever created. And one that isn’t controlled by anyone. I still find that fascinating.
Show threadAaron Winston SmithJan 4, 2023
@Setok @FranckLeroy BitTorrent was immutable as well
Show threadLisPi
@aaronwinstonsmith @Setok @FranckLeroy It isn't though. It's not that limited.
bep_0039.rst_post

Feb 3 at 1:15amWeb