233 upvotes, 3 direct replies (showing 3)
View submission: Introducing Collectible Avatars
So you're doing NFTs, after NFTs are in the process of crashing and burning? Incredible, but I don't really expect much better from reddit.
Also, Reddit claims they're using Polygon because of their """sustainability commitments.""" But those claims are ... suspicious. See this article from the Verge[1] for more details:
It’s also using the Polygon blockchain, which it says keeps transaction costs energy-efficient. However, as we heard after the World Wildlife Fund’s abandoned attempt to launch NFTs, calculating the true energy use of Polygon’s blockchain transactions in isolation is “at best incomplete,” as it still relies on a more inefficient Ethereum network for security.
Comment by redalastor at 08/07/2022 at 02:46 UTC
9 upvotes, 0 direct replies
So you're doing NFTs, after NFTs are in the process of crashing and burning? Incredible, but I don't really expect much better from reddit.
The CEO is a cryptobro. Expect them to fail a few more times with crypto.
Comment by MisterAbbadon at 07/07/2022 at 22:00 UTC
6 upvotes, 0 direct replies
"Wastful at the level of one steel mill rather than one thousand" is technically an improvement, but still a waste.
Comment by bittabet at 08/07/2022 at 18:14 UTC
-1 upvotes, 2 direct replies
FWIW, Ethereum is moving to PoS so it’ll be energy efficient itself soon. There are issues with that but at least from the energy perspective it’ll be no different than just a regular database on AWS soon.