NFTs

Out of context: Reply #536

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  • cherub0

    ^Confused old grandpa can't spell much less figure out crypto. Stop spreading disinformation you idiot.

    quote-" And the computation needed to provide the certification that is the USP of blockchains requires massive amounts of electricity, which comes with a correspondingly heavy carbon footprint. A single transaction on the Ethereum blockchain, for example, currently requires 232.51 kWh, which is equivalent to the power consumption of an average US household over 7.86 days."

    He is talking about proof work protocol, we're way past that in the crypto world now. Bitcoin uses proof of work, but there are no NFTs inside a bitcoin you dumbfuck. Bitcoin is the chad coin, you can't be creative there, only rich. Bitcoin has nothing to do with NFT world.

    With the exception of ethereum(who claims to be releasing ethereum 2.0 soon), most all the new chains use something called "proof of stake." Tl;dr version: proof of stake doesn't need computation for mining, it's based on stake. Hence, doesn't need much energy, and the gas fees are reasonable.

    Tezos is quickly taking over to be the premiere NFT coin. It uses proof of stake. People are abandoning ethereum, and switching to tezos because it is better for the environment.

    lol tired old grandpa is gonna think i'm trying to wind him up. i'm just pointing out your mistakes you confused loser.

    https://medium.com/tqtezos/proof…

    https://miro.medium.com/max/1400…

    cherub 0Permalink
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    • Lol. PoS doesn't exist in ETH yet, you goon.Nairn
    • Oh, I should have read further, but still, it's all a crockNairn
    • so less knowledge so much puny pride ...if thats old grandpa what are u ? stoopid little uninformed baby ?!neverscared
    • < mate you're the one misinformed lol
      Most if not all "pricey" NFTs use Ethereum. Tezos is hardly used. Not to mention it's all speculation so no real use      grafician
    • The lack of tech sophistication in users of crypto and NFTs is hilarious too lolgrafician
    • ^I was talking to cherub here ofc, NOT neverscared, just to be cleargrafician
    • so you two are dating then? glad u confirmed it... CHEERS!cherub
    • evidently u are not only dating missinformation, you are also married to it.neverscared
    • CONGRATS!neverscared
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