Plutus, Haskell, Nix, Purescript, Swift/Kotlin. laser-focused on FP: formality, purity, and totality; repulsed by pragmatic, unsafe, “move fast and break things” approaches


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Cake day: June 11th, 2023

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  • demesisx@lemmy.worldtoDank Memes@lemmy.worldA good reminder that NFTs are shit
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    1 year ago

    You know more about proof of stake than me? 🤣🤣🤣

    I’m a dApp developer who works on DApps that run on PoS chains and I’m also a stake pool operator. 🤣🤣🤣

    Did I ever assert that a decentralized solution was better for power consumption? Why would I say that? It’s not true. Decentralization adds overhead of course. I was asserting that Proof of Stake is VASTLY more energy efficient than Proof of Work.

    Your whole reply seems woefully uninformed about the mechanics (or even the existence) of digital identity and how even after a centralized entity exists doing on chain verifications, those verifications can live on as long as those wallets are functioning. It’s being talked about in regards to land deeds that can survive changes in power structures and authority. Identity and possession that can survive anything (as long as earth’s electronics aren’t wiped out by a EMP from the sun).

    I’m also very excited about the possibilities of homomorphic encryption when it comes to being able to operate on data that remains obfuscated. That has all kinds of applications for democracy but I digress. Subscribe to my community (https://infosec.pub/c/blockchainvoting) if you’re interested too.