Using Buttbongs for huffing Ether

[Punk-BatSoup-Stasi 2.0]

On Fri, 8 Oct 2021 10:49:53 +0200
Stefan Claas <spam.trap.mailing.lists at gmail.com> wrote:

> If it would be like Monero, that transactions are not visible to third  parties, 


	Right. And if we look at the ranking of cryptocurrencies we can find Monero at around  position 35/40. It used to be #10 or so not long ago. But currently the value of Monero is less than 1/6 of a stupid joke like dogshitcoin, aka 'dogecoin'. 

	zcash is number 70...



> in a block explorer and Joe average could mine daily with low energy consumption
> some coins to lets say sign-up with a privacy email provider accepting Monero
> than this would be probably an interesting use case, or using the blockchain
> with time stamping services, thus users can claim that they did certain things
> at a certain time, if they wish to do so.
> 
> But yes, all in all, I agree with you and nobody cares of the gigantic energy
> consumption all these crypto currencies require.


	That's certainly a problem for things like bitcoin, eth, and even monero, because of 'proof of work'. Then we have 'proof of stake' where the value of the network is 'secured' by...the value of he network, which looks like a scam of sorts and probably allows more more centralization than proof of work. But yeah, so far all the systems have serious limitations. 

> 
> Regards
> Stefan