alt Hacker NewsEven stablecoins aren't so great for the environment. Proof of stake isn't as bad, but also doesn't offer much beyond traditional systems once KYC is needed.
Am I missing something?
Even stablecoins aren't so great for the environment. Proof of stake isn't as bad, but also doesn't offer much beyond traditional systems once KYC is needed.
Am I missing something?
Stablecoins are great. The only way to be debanked is if the stablecoin issuer explicitly blacklists your address, which is a public act which they will be forced to justify.
And Ethereum's Proof of Stake algorithm is highly censorship resistant. That's why it took seven years to design.