Hello hello!
Hope you’re having a good day.

As the title said, Cryptolancing is where you can post about the new position that you have available, ask for a helping hand for your cool new project, or share your awesome skills with the rest of the world, and do all of that without the limitations that popular centralized services like UpWork, Fiverr, or PayPal impose on their users (Geographic restrictions, thematic restrictions related to works or services, profile restrictions, etc.).

If you fall into any of those groups, whether you’re looking for a job or looking to hire someone for your project, I’d love to help you reach your goals by having you in our community! :)

Don’t be shy, and feel free to give us a visit anytime.

  • rglullisAEnglish
    82·
    1 month ago

    Not all crypto is Bitcoin, and not all blockchains are based on Proof of Work. Ethereum’s Proof of Stake consumes less electricity than all the power used by PlayStation consoles at idle.

    • Norah - She/They@lemmy.blahaj.zoneEnglish
      32·
      1 month ago

      Cool and that was, what, seven years too late for the whole, creating thousands of tonnes of CO2 thing? For that one coin? I’m sorry but at this point I’m perfectly happy to throw the baby out with the bathwater on the whole “Web3” thing. I care very little for the irreversible harm it’s caused to our planet at this point.

      • rglullisAEnglish
        52·
        1 month ago

        No, not “that one coin”. The whole blockchain. Thousands of different cryptocurrencies and smart contracts are secured by it. The whole network is holding tens of billions of dollars worth of value, and it takes an estimated 8M USD worth of electricity in a whole year to secure it. There is no way that any existing financial banking system will ever be as efficient as this.

        Arguing based on “how long it took to get there” is at best just bad argument based on sunk-cost fallacy and at worst moving the goalposts. If you care about “irreversible harm” from CO2, it would be a lot more productive if you wrote to your local city council to abolish parking minimum requirements than hating on a project that from the start was focused on creating a consensus system that did not require PoW.

        • Norah - She/They@lemmy.blahaj.zoneEnglish
          41·
          1 month ago

          This is just straight up disinformation. Crypto uses somewhere between 0.4%-0.9% of all electricity used yearly. 120 to 240 billion kilowatt-hours. That’s more electricity than the entirety of my country of Australia. You’ve been duped if you believe the numbers you posted.

          https://www.sciencedirect.com/science/article/abs/pii/S0959652623007308 https://www.sciencedirect.com/science/article/pii/S0959652623036995 https://www.whitehouse.gov/ostp/news-updates/2022/09/08/fact-sheet-climate-and-energy-implications-of-crypto-assets-in-the-united-states/

          Edit: Adding this quote because I think it paints a clear picture:

          …and is comparable to the annual electricity usage of all conventional data centers in the world.

          • rglullisAEnglish
            32·
            1 month ago

            You are talking about “crypto”, which implies that you are talking about different blockchains, including Bitcoin and all other blockchains that rely on Proof-of-Work.

            My figures are specific to the Ethereum blockchain, which is used to control transactions in Ether and many other cryptocurrencies (look for “ERC20 token standard”, if you care to understand), including stablecoins that have its value anchored to different “real currencies” like USD, EUR, GBP… The Ethereum blockchain uses Proof-of-Stake and does not require “burning energy” to keep the network secure.

            FWIW, I’m all for banning all blockchains based on Proof of Work, or at the very least adding a prohibitively expensive tax for every transaction done by a centralized exchange. This would be more than enough to kill Bitcoin or force them to clean up their act and switch their consensus system.

              • rglullisAEnglish
                41·
                1 month ago

                And no one with a minimum sense of morality cares about the labels or how they identify themselves. As long as their value system is not misrepresented, you can call them whatever you want.

                • Norah - She/They@lemmy.blahaj.zoneEnglish
                  21·
                  1 month ago

                  Friend, you’re the one that started this off by putting other people down for not having the same value system as you. I wasn’t even going to comment in this thread…

                  Edit: Like I actually think OP seems to be forthright in creating a good community. They’ve suggested to use existing escrow services to ensure integrity. I like them. However you seem like the kind of person I was worried OP might be.