/biz/ - Business & Finance

>>54071561
XMRchads..we won

>>51254944
lmao bitmaxis are dumb and more importantly, deluded beyond belief.
The Work in PoW serves as an anyispam mechanism AND a self selection "lottery like" function for block production. That is all.
The energy is not used to secure the past.
The chain is secured by cryptography.
It does not "secure the credibility of the distribution" either. Bitcoin was mined by the thousands in 2010, does the fact that 1s of PoW was performed by a random anon important for the credibility?

Sure I agree its one good way to decentralize a distribution. But it does not make it magically fair or credible.

Halvings are nothing but retarded. Period. An abrupt slashing of 50% of rewards, arbitrarily every 4 years... is arbitrary. It's brutal and not thought for stability.

There is a second best, it is called Bitcoin.

Monero does everything better. Number 1 monetary policy. Significantly more efficient PoW algorithm, fairer distribution. Not mentionning long term security vs Bitcoin. The energy spending competition that is decentralized PoW is simply more developed for Monero, than for Bitcoin. And I have not even talked about bonus of privacy.

Bitcoin is the second best.

Here is the first ever appearance of pic rel, monerochads. Produced by the most avanced AI + postprod, 10min ago. Go Monero