Miguel Palhas
@naps62
...
A challenge that is:
BTC total Hash-rate: 45,000,000 TH/s (that's 45e18)
BTC power consumption: 71.12 TW/h (~same as Chile)
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
Higher stakes in the network (coins owned, time spent, etc)
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More voting power
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Fewer incentives to misbehave
“Technological Democracy”
Miguel Palhas
@naps62