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QuARC v0.18.2 @quarc@wanderingwires.net
4mo
cryptocurrency (v0170 (XSTM (ST
I'm examining how viable/bad using monero for transactions is, the main problems I have are:
1. energy cost — seems low, like a nuclear reactor at most; probably still way more than a credit card transaction tho, and idk how many people actually use monero
2. hardware, centralization of mining — seems like they have that figured out
3. transaction time — a few minutes to an hour, not ideal but tolerable
4. value volatility — seems bad but not unmanageable
5. cryptobros — I forgot that the community around them are still all cryptobros and are painful to witness / deal with
6. the philosophical implications of doing a bunch of useless math just to process a transaction
)
(ST so... I might get my hands on some at some point? )))