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

Mike Hamburg <mike@shiftleft.org> Mon, 26 April 2021 20:23 UTC

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From: Mike Hamburg <mike@shiftleft.org>
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Date: Mon, 26 Apr 2021 17:23:35 -0300
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Cc: "cfrg@irtf.org" <cfrg@irtf.org>, "Salz, Rich" <rsalz=40akamai.com@dmarc.ietf.org>
To: Michael Sierchio <kudzu@tenebras.com>
References: <CAAEB6g=tU=MF1_QKduEN55ft0rWe+7x0wBbywS083fJrjzP=XA@mail.gmail.com> <20210423195504.d6f74x4jsdrzagcc@muon> <CAAEB6g=dcsRKz6zm7F15F-uZ7Zfi_qF06KwQXmrireKEKZYHFg@mail.gmail.com> <49ca86ec6409217d60e3f2e94e3090ef2b571f80.camel@loup-vaillant.fr> <A1765592-7AF7-4F3A-8B22-C5BD6C059A7C@akamai.com> <CAMm+LwjKV3xT_2StxzL4X3BCeTpvwJBMmFMLQUw66xhQNkDNZA@mail.gmail.com> <CAJU8_nVwtK2d6ofHGM+G+HvAhNQyx1VqmxYzXampCcJJ1ymZ6Q@mail.gmail.com> <CAHu1Y73Hm-2YdFje5EQ1uD8ZmtQvLVqjqZwkLszS8sWkhvBaow@mail.gmail.com> <F18706D8-6482-482E-81BB-3874EB5CEB67@shiftleft.org>
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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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Also, sorry for the double post, but according to https://digiconomist.net/ethereum-energy-consumption <https://digiconomist.net/ethereum-energy-consumption>, Bitcoin energy consumption is up 37% year-on-year, and Ethereum is up by a factor of 5 (!!!) year-on-year.  Something that's ~1% of human electricity consumption, and rising significantly year-on-year, is absolutely something to be concerned about.

There are claims that this will somehow help us soak up surplus solar energy during the day, and be idle by night, but this is like Ethereum-proof-of-stake from my POV: until it actually happens at scale, I won’t trust it.

Apologies again,
— Mike

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