Bitcoin Miners Resurrect Fossil Fuel Power Plant, Drawing Backlash From Environmentalists

This page summarizes the projects mentioned and recommended in the original post on /r/technology

Our great sponsors
  • WorkOS - The modern identity platform for B2B SaaS
  • InfluxDB - Power Real-Time Data Analytics at Scale
  • SaaSHub - Software Alternatives and Reviews
  • EIPs

    The Ethereum Improvement Proposal repository

  • One additional advantage of cryptocurrencies is that their supply can be more transparently moderated. For example, from what I understand, a lot of central banks have resorted to "printing" a lot of cash as a part of quantitative easing policies in response to the COVID-19 economic slowdown - people, especially people who have saved up a lot of money (eg. people about to retire, etc) might understandably be upset about that since one side effect of policies like these is causing higher inflation rates - essentially devaluing your money, in the process. Now, today, the amount of "new money" minted out of "thin air" is controlled by the government (central banks like the Federal Reserve for the US, or Reserve Bank of India for INR). When a government messes up badly, you end up in a place like hyperinflation in Zimbabwe (a burger costing millions/billions of dollars, meaning all your hard earned money is worthless) [I am not a trained economist, so I might have simplified/misunderstood details of these]. One benefit that crypto offers is allowing each user to decide, to a small %age, the monetary policy of the cryptocoin - let's says someone using Ethereum wants to change the way new coins are minted - it beings by someone proposing an Ethereum Improvement Proposal, and then if it has enough support, programmers modify the code of the network to make the change and then release an update to the Ethereum "software". If people want the change - they update their software. If people don't, they don't update. Usually, before an update is released they make sure to do informal polls to check if the proposal actually has near unanimous support. If enough people don't update/accept the new changes, the change effectively gets rejected. So in some sense, the monetary policy of cryptocurrencies is mor transparent - now, you could argue that this is good or bad, but it is one way that cryptocurrencies differ from fiat.

  • Lightning-Network

    List of Lightning Network technical issues, bugs, flaws, and exploits.

  • A fairly full list is here: https://github.com/davidshares/Lightning-Network

  • WorkOS

    The modern identity platform for B2B SaaS. The APIs are flexible and easy-to-use, supporting authentication, user identity, and complex enterprise features like SSO and SCIM provisioning.

    WorkOS logo
  • lnd

    Lightning Network Daemon ⚡️

  • Pull request here for a security patch: https://github.com/lightningnetwork/lnd/pull/4527

NOTE: The number of mentions on this list indicates mentions on common posts plus user suggested alternatives. Hence, a higher number means a more popular project.

Suggest a related project

Related posts