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Cake day: May 27th, 2024

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  • vga@sopuli.xyztoMemes@lemmy.mlCommunism in theory vs in practice
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    3 days ago

    I’ve yet to find any such person who’s actually willing and capable to engage in a discussion of “what should they do/have done economically” as opposed to just bashing them.

    I didn’t say they weren’t doing fine or that they shouldn’t be doing what they’re doing.

    I just said that they’re not communists. This is not a bad thing! But lying about it is of course somewhat distasteful, especially for those people who think themselves as being communists.







  • It’s a pretty old cryptocoin: initally released back in 2015, and a significant change deployed in 2022. It was then when they changed from proof-of-work to proof-of-stake, which basically means that they don’t use mining anymore to keep the network running. They use like 1% of energy compared to PoW coins.

    Also they have some smart contract capabilities which I suppose Ethereum people think are important. But I’ve never seen any practical use for that stuff.

    Still, I think Eth is one of the cryptos that actually tries to be useful and efficient in some way and not just a stupid pump and dump scheme. Turns out, nobody gives a fuck about that, perhaps?