Related: my previous critique of PoShttps://twitter.com/hugohanoi/status/951762596255838209 …
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People who criticize PoW fall into 2 camps: 1/ people who don’t understand how PoW powers the key innovation behind Bitcoin 2/ people who understand the importance of immutability but vastly underestimate how difficult it is to emulate immutability.
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A ledger can only be immutable *if and only if* it is costly to produce, there’s no two ways about it.
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You really don't think there's a 3rd camp related to the power use and carbon footprint? Asking honestly
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