SaberhagenTheNameless on Nostr: ASICs have two major manufacturers that both require KYC. They consolidate on large ...
ASICs have two major manufacturers that both require KYC. They consolidate on large corporate ASIC mining farms. Sounds centralizing to me. Very obvious energy draw, sound, and heat as well. Also no secret what it's purpose is for if discovered.
Meanwhile nearly everyone on the planet has multiple general purpose CPUs. Ubiquity can't be beat and hidden in plain sight.
I didn't say side chains were custodial.
I said fedimints were custodial and rehypothecateable. It's not a simplification it's just true.
Of course, I don't want to stop fedimints being put out to the market they have their place, I'm just saying it isn't the exact same usecase as Monero.
Meanwhile nearly everyone on the planet has multiple general purpose CPUs. Ubiquity can't be beat and hidden in plain sight.
I didn't say side chains were custodial.
I said fedimints were custodial and rehypothecateable. It's not a simplification it's just true.
Of course, I don't want to stop fedimints being put out to the market they have their place, I'm just saying it isn't the exact same usecase as Monero.