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Re: [CFRG] Bitcoin delenda est. Was: Escalation: time commitment to fix *production* security bugs for BLS RFC v4?

Kyle Rose <krose@krose.org> Mon, 26 April 2021 18:39 UTC

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From: Kyle Rose <krose@krose.org>
Date: Mon, 26 Apr 2021 14:38:47 -0400
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To: Michael Sierchio <kudzu@tenebras.com>
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Subject: Re: [CFRG] Bitcoin delenda est. Was: Escalation: time commitment to fix *production* security bugs for BLS RFC v4?
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On Mon, Apr 26, 2021 at 2:29 PM Michael Sierchio <kudzu@tenebras.com> wrote:

>
> On Mon, Apr 26, 2021 at 11:03 AM Kyle Rose <krose@krose.org> wrote:
>
> On Mon, Apr 26, 2021 at 1:29 PM Phillip Hallam-Baker <
>> phill@hallambaker.com> wrote:
>>
>>> As a human being living on a planet threatened by environmental damage
>>> from CO2 emissions, I am strongly opposed to any IETF work to support any
>>> form of purported 'cryptocurrency' that relies on any form of 'proof of
>>> work' or 'proof of waste'.
>>>
>>> The electricity requirements of cryptocurrencies have been larger than
>>> that of entire countries. This is an experiment that it is time to stop.
>>>
>>
>> This massively overstates the impact of mining.
>>
>
> A single bitcoin transaction uses over 700 kW-h of energy – equivalent to
> the power consumed by an average U.S. household over 24 days.  Do you
> claim otherwise?
>

I claim the numbers I referenced (with sources) in my email.

Kyle

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