Source: It is not necessary to waste energy for the sake of scarcity
It is often said that scarcity is the most important part of the economic model of cryptocurrencies. Is it really necessary to consume so much energy due to scarcity?
Digital scarcity is based on the trust of people that a given project will exist for a long time if not forever. Longevity depends on a sustainable economic model. The model itself cannot be stable an...