SirSteelBuns

SirSteelBuns t1_izdtsnd wrote

Reply to comment by Njaa in Ethereum’s energy switch saves as much electricity as entire Ireland uses | The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin. by chrisdh79

I wouldn't say a fork in 2017 is active development. Why would anyone with any stake in Bitcoin be interested in proof of work? It is as much of a joke as the original post.

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SirSteelBuns t1_izdt0hn wrote

Reply to comment by Njaa in Ethereum’s energy switch saves as much electricity as entire Ireland uses | The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin. by chrisdh79

There is no active development, the person claiming to have come up with Bitcoin long gone. All we have are decentralised nodes, that anyone can spin up on a hard drive at home, and miners running the blockchain and completing transactions. You buy/trade Btc, it is processed by miners on the blockchain. As of now, it is essentially a driverless train, with tracks that will only end if every miner stopped mining. Someone please correct me if I'm wrong, but this is my understanding of Btc currently.

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SirSteelBuns t1_izds2pa wrote

Reply to comment by 0mniiii in Ethereum’s energy switch saves as much electricity as entire Ireland uses | The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin. by chrisdh79

Thank you so much for posting this. What a joke this thread is. I hope all the Eth crypto bros here lost their life savings. I only ever mined Eth to swap out to Btc, the writing was on the wall from the get-go. I am so glad people are realising how worthless the entire Eth ecosystem is.

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