- Nov 2020
Solving all those complex puzzles requires a huge amount of energy. So much energy that the two biggest blockchains in the world – bitcoin and Ethereum – are now using up the same amount of electricity as the whole of Austria. Carrying out a payment with Visa requires about 0.002 kilowatt-hours; the same payment with bitcoin uses up 906 kilowatt-hours
cryptocurrencies require A LOT of energy
- Aug 2020
Lyons, Richard K, and Ganesh Viswanath-Natraj. ‘What Keeps Stablecoins Stable?’ Working Paper. Working Paper Series. National Bureau of Economic Research, May 2020. https://doi.org/10.3386/w27136.
- peg-sustaining arbitrage
- exchange-rate economics
- national currency
- peg-price deviations
- central-bank intervention
- exchange rates
- Oct 2019
The big idea behind Brave is that instead of supporting websites by viewing their banner ads, you can pay them directly through your browser
How to make money with Brave Browser:
- You use money to buy Brave's Basic Attention Token (BAT) cryptocurrency, and that BAT goes into your Brave wallet.
- Brave will keep track of how much time you spend on each website or YouTube channel.
- Then Brave will divide up your BAT and pay websites and YouTube channels each month based on how much time you spent using them.
This means instead of making a bunch of small individual donations to the dozens of websites and YouTube channels you use each month, you can just load money into Brave. Brave will then passively distribute that money for you.
- Apr 2018