LogFAQs > #952761378

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicNFTs are a scam right?
Paratroopa1
04/12/21 6:21:28 PM
#24:


red13n posted...
Dumb way I have been describing the harm of crypto:

Because when say, you use your computer to calculate 1+1, it just straight up calculates 1+1. It doesn't need to grow more complex.

Everytime say bitcoin or whatever calculates 1+1, it needs to leave a record of that 1+1 that is unique to that calculation. In doing this, it requires bitcoin to become more and more complex, even for simple computations. Every time 1+1 is done in bitcoin, it is more complex than the last time it was calculated, requiring more processing power. Everyday computing doesn't have this problem, power consumption doesn't have a need to grow more and more complex. Every time you put 1+1 in your PC, it requires the same amount of processing power.

By nature bitcoin is designed to grow more and more power hungry, individual PC's do not.
Every day I am thankful that other people are better at explaining this than I am
... Copied to Clipboard!
Topic List
Page List: 1