, involving a network of computers that use advanced cryptography to decide whether transactions are valid—and in doing so uses energy on the scale of a small country.
“If you look at how much energy we are going to spend in the meantime, it’s ridiculous,” says Fanny Lakoubay, a crypto art collector and adviser. Ethereum became the platform of choice for digital art sales because it was designed to handle digital transactions that go beyond cryptocurrency, using a system called smart contracts. And as the second-largest blockchain platform after Bitcoin, it was known to be fairly reliable, with an established community of developers.
also, it's a pyramid scheme, looking for the bigger fool so ransomware and other criminals can cash out. crypto isn't new tech, it's not going to magically turn green. that's just a lie they(you) tell to rope marks.
Don’t understand. Are people mining NFTs?
NEW TECHOLOGY is a great new thing that will make everything better for everyone, but there's a small problem: NEW TECHOLOGY is completely infeasible and useless.
Also a scam. Bankrupt Radioshack is even trying to get on the bandwagon offering 'radio coins' 🙄
They need to power their fees
the worst part is they don't have to
all the rage among who?
So do tumble dryers.
They do? 😰
The nail in the coffin I’m sure
Greed waiver. Who cares what the impact is as long as there's lots and lots of profit.
NFT's aren't hot lol
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