Okay, I am getting questions about who Lance Ulanoff is. Time for some Mastodon history.
Exactly a year ago today, Lance Ulanoff opened his article about Mastodon with this phrase:
"William Shatner couldn't find me on Mastodon.
This was a problem."
That was the day Mastodon became a shatner-proof network.
He concluced his article (titled "Mastodon will never be the next Twitter") with this:
"I suspect thousands of other Tooters (blech!) will soon do the same and Mastodon will lay down beside all other other fossilized social media platforms and fade from existence."
Since then, Mastodon grew to 1,300,000 users and 2,000 servers. This is why people bring him up today.
#Cryptocurrency are not dead.
Because it waste #energy that would have better uses.
And you know... energy costs is going to grow.. and grow... and grow... as the Earth's resources finish.
You might get some profit by speculation, but I don't think it's a moral profit. Nor a moral technology, in our resource constrained world.
Blockchains are a linked list containing the hash of the current block's data and the hash of the previous block's data forming a cryptographic chain; it uses storage not (much) energy.
Proof-of-Work is a protocol feature (which uses a lot of energy) for which there are alternatives: https://www.quora.com/What-are-the-alternative-strategies-for-proof-of-work
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