The energy waste is my biggest gripe with cryptocurrencies. Globally we cannot afford to waste that energy for realistically nothing. Can you explain me why STEEM is better in that regard? Because it takes less mining per transaction?
Steem is not a mineable coin, there are no warehouses filled with computers mining steem. On the steem blockchain, there are witnesses, which are similar in a sense to supernodes - which oversee the creation of blocks and the witnesses have big awesome computer rigs, but it in no way comparable to coin mining. Its not even comparable to google or facebook, because the information is not stored on a centralized server. The witnesses oversee the creation of blocks and transactions on the blockchain, eliminating a HUGE waste of energy. I still like bitcoin, because it paved the way, but I see steem as a very intelligent evolution.
Okay, thank you very much for the detailed explanation. Found some guides on how to mine so I was confused, but it seems that has been disabled now. One more reason to support STEEM, just came here to push an alternative to youtube but like it more every day.
. Logically we will not be able to provide that energy Because the energy is transmitted. Can you explain about STEEM better in that regard? Because it takes a bit of a lecture on transmission?
That tether thing is way above my pay grade. And it just seemed sketchy on the simple fact that they jus t 'printed' all that money to deal with the boom...But your early raves about Steem! I couldn't agree more. Love this platform and have been steadily building my Steem Dollars / Power over the past few weeks. Loving it!
Thanks for the warning about Tether. I agree; people should value Steem for its utility. Giving upvotes to the less fortunate is showing a lot love and forward thinking; you're good person.
Totally agree. Get your mind off the social and begin with the foundation and you have an amazing crypto. Then layer the social aspect on top of that and you have a real winner.
Brother, the only thing that I can say is....STEEM RUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUULES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Winny out...for now ;)
PS: Sorry that I didn't say anything to Tether, but I don't know anything about it and I'm just a big believer of STEEM :)
The energy waste is my biggest gripe with cryptocurrencies. Globally we cannot afford to waste that energy for realistically nothing. Can you explain me why STEEM is better in that regard? Because it takes less mining per transaction?
Steem is not a mineable coin, there are no warehouses filled with computers mining steem. On the steem blockchain, there are witnesses, which are similar in a sense to supernodes - which oversee the creation of blocks and the witnesses have big awesome computer rigs, but it in no way comparable to coin mining. Its not even comparable to google or facebook, because the information is not stored on a centralized server. The witnesses oversee the creation of blocks and transactions on the blockchain, eliminating a HUGE waste of energy. I still like bitcoin, because it paved the way, but I see steem as a very intelligent evolution.
Okay, thank you very much for the detailed explanation. Found some guides on how to mine so I was confused, but it seems that has been disabled now. One more reason to support STEEM, just came here to push an alternative to youtube but like it more every day.
. Logically we will not be able to provide that energy Because the energy is transmitted. Can you explain about STEEM better in that regard? Because it takes a bit of a lecture on transmission?
That tether thing is way above my pay grade. And it just seemed sketchy on the simple fact that they jus t 'printed' all that money to deal with the boom...But your early raves about Steem! I couldn't agree more. Love this platform and have been steadily building my Steem Dollars / Power over the past few weeks. Loving it!
Steemit taking over the world... We good the future is great
Thanks for the warning about Tether. I agree; people should value Steem for its utility. Giving upvotes to the less fortunate is showing a lot love and forward thinking; you're good person.
Totally agree. Get your mind off the social and begin with the foundation and you have an amazing crypto. Then layer the social aspect on top of that and you have a real winner.
Brother, the only thing that I can say is....STEEM RUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUULES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Winny out...for now ;)
PS: Sorry that I didn't say anything to Tether, but I don't know anything about it and I'm just a big believer of STEEM :)
do you even realize that if Tether was a scam STEEM would be absolutely screwed... at least for 2,3 months