• Mikina@programming.dev
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    1 year ago

    You are right I shouldn’t have equaled bitcoin with the rest of the crypto ecosystem. While most crypto is utter scam, it’s true that there have been some slight advances here and there, and there are coins that may be actually useful for some cases, mostly Monero and I suppose Ethereum. I’d still say that crypto has done more harm than good in the world, and I say that as someone who’s really focused at privacy, care about it a lot and have invested significant amount of time and effort into staying as private as possible.

    But it’s great that Ethereum managed to solve most of the issues with Bitcoin - unless I’m mistaken, it’s not really used for investment speculation, and if it managed to keep the energy requirements low, that’s good. But last time I remember researching about blockchain (it was few months, so feel free to correct me), isn’t it running into serious issues with ledger size, that makes it infeasible for long-term (decades) of use, without sacrificing some of it’s guarantees? Which is one of the main issues with blockchain tech in general, that I don’t think has been solved so far.