A regular reminder that this is still the level of discourse in many parts of crypto discussion.

Literally pattern matching "ASIC" -> "so they're doing proof of work!" without even understanding that application-specific integrated circuits can be designed for multiple, err... applications.

Father, family man, web3 degen, supporting cool projects, dev in web3wallet (Sons of Crypto), love $GLOOM 👽

I think the bitcoin devs should probably keep PoW and the 21m limit for now, but maintain a fork that switches to some kind of hybrid PoS that keeps enough PoW so that PoW fans still feel like it's Backed By Thermodynamics™ but where PoS provides most of the security, so they can switch to it once there's a problem

Interesting, which would you prefer for an asset like Bitcoin though?

The internet remains undeated in lack of maturity.

That diversion into VDF ASICs was kind of annoying (is that still a thing?) but SNARK proving ASICs are ❤️

It used to be better than this & it will continue to get worse. 

As more participants enter average knowledge decreases. 

Not much one can do about it but try to block out the noise & speak to those who are interested in learning.

Don’t worry big V, I set him straight on X.

Don’t worry big V, I set him straight on X. 

https://x.com/theweifarer/status/1757553576883396657?s=46&t=gTmmqP2lt_6TfQsX88XYpQ

It's almost like there's a bunch of dunk-obsessed smoothbrains on that other app

POS has a lot of advantages over POW but both definitely have their place.

And yes most of us myself included have very limited understanding of the underlying tech behind it.

It's really sad to see. But tbh we just need to get the crypto part out of the way of the user so only the devs are left to deal with it (and maybe not even them) - like in web2. If a non technical person needed to deal with http, ssl, smtp and ftp all day long, most wouldn't understand anything either.

Remember this is the same community that hails rebranded pet rocks as the greatest innovation ever (ordinals)