_940h

4 ms·

1. 1.▲
   by _940h 2y ago

   What sort of crime are you envisioning that exploiting this would fall under? It's not always fraud to satisfy a poorly written contract, although that is commonly the case.
2. 2.▲
   by _940h 2y ago

   That person committed fraud. My point wasn't even about cryptocurrency or DeFi. Here's a simplified hypothetical example to help you understand the legal nuance: I offer all of my money to the first person that can solve 5x5, and
3. 3.▲
   by _940h 2y ago

   Taking advantage of bad contracts can be legal depending on various nuanced circumstances. If the potential payout is lucrative, then it makes sense to consult with legal counsel first. I am not making a judgement about this specific case.
4. 4.▲
   by _940h 2y ago

   This is greenwashing. You're still positively valuing the past harms from proof of work. Solving the past harms means starting from scratch, not giving value to people who previously wasted electricity.
5. 5.▲
   by _940h 2y ago

   The "Etherium merge moment" is entirely different and it irks me to see it compared favorably with this project. It didn't 'solve' proof of work. It assigned positive value to past environmental harms. It prevents m