“Parity Hack Shows the Ethereum Ecosystem Is Flawed in Big Ways” – TheMerkle | $462.49

November 26, 2017 Ethereum Obituaries No Comments

“It is a powder keg waiting to explode at this point, and things only seem to be getting worse. “

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@Fabian_Reetz It is. Rounded to 0.01 TWh on two decimal places. Would make for a 99.99% (also rounded) reduction compared to #Bitcoin.

7:33 pm · March 20, 2019

Digiconomist

@DigiEconomist

The #energy footprint for one #Bitcoin transaction (509 KWh) equates to: -1 US household 17 days (DE: 53, CN: 143) -337472 VISA TRXNs#CarbonFootprint per TX: 242 KG -Driving 996 miles in a Tesla -298 in a Hummer#Ewaste per TX: 89 gramsbitcoinenergyconsumption.com

4:52 pm · March 20, 2019

Digiconomist

@DigiEconomist

The latest #Ethereum Energy Consumption Index is 9.306 TWh per Year/0.86 Mil US households (-0.15%) ethereumenergyconsumption.com46 KWh per unique transaction (powers 1 US household for 1.6 days) #MakeEthereumSustainable

4:36 pm · March 20, 2019

Digiconomist

@DigiEconomist

@DCLcoins @stephendpalley How do you intend to verify anything? Trust me, there’s a balance on it?

4:19 pm · March 20, 2019

Digiconomist

@DigiEconomist

The latest #Bitcoin Energy Consumption Index is 51.131 TWh per Year/4.73 Mil US households (+0.3%) bitcoinenergyconsumption.com509.3 KWh per unique transaction (powers 1 US household for 17.2 days) #MakeBitcoinSustainable

3:05 pm · March 20, 2019

Palley

@stephendpalley

Because bitcoin doesn't require electricity? What? twitter.com/apompliano/sta…

2:53 pm · March 20, 2019 ·

Retweeted by Digiconomist

Digiconomist

@DigiEconomist

#Bitcoin #EWaste Generation is at 8.916 kilotonnes per Year (+1.25%) bitcoinelectronicwaste.comA footprint of 88.8 grams per unique transaction (equal to 1.4 'C'-size batteries or 2.6 sixty-watt light bulbs) #MakeBitcoinSustainable

2:18 pm · March 20, 2019

Digiconomist

@DigiEconomist

"#Bitcoin’s inescapable, inconvenient truth" medium.com/p/bitcoins-ine… #MakeBitcoinSustainable

1:55 pm · March 20, 2019

Digiconomist

@DigiEconomist

Less controversial as in; more people seem to be talking about such a change.

12:58 pm · March 20, 2019

Digiconomist

@DigiEconomist

Funny that lifting the 21m cap is less controversial than a move to #ProofOfStake, even though the latter would solve the same problems and more for #Bitcoin without completely destroying the value of #BTC 😅 twitter.com/CamiRusso/stat…

12:57 pm · March 20, 2019

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