Top Tweets for #proofofelon
Time for PumpCoin? Based on "proof of puff?" - needing a critical number of nodes to pass (or fail?) a breathalyzer test? https://t.co/CMf6mXp3sS
#bitcoin #cryptocurrency #Dogecoin #ProofOfWork #ProofOfElon #ProofOfStake #proofofclown
but come to think of it, Elon using his clout to hijack the direction of $DOGE is not much different than @Blockstream changing the direction of #Bitcoin from p2p electronic cash to digital gold. just ask #BitcoinCash & #BitcoinSV tribes 🤣 #ElonCoin #ProofOfElon #StoreOfDrama
@Robben4days @28delayslater @pierreboudreau when it comes to crypto, #ProofOfElon is more like creating #FlufferBot 🤣
@28delayslater @pierreboudreau Elon was upset about #Bitcoin that’s why he’s hijacking $DOGE to create #ElonCoin using #ProofOfElon 🔥🤦🏻♂️⚡️
#Bitcoin will have a hard time competing with the upcoming wave of “Green Cryptos” developed by @tesla and @apple… (save this tweet) #ElonMusk #cryptos #blockchain #fees #power #renewableenergy #green #cryptoearth #DogecoinRise #dogecoin #ProofOfStake #ProofOfElon #ProofOfWork
it’s as if Elon hasn’t thought this through. you know, like #Bitcoin’s ludicrous energy consumption & its externalities 🔥🤦🏻♂️⚡️ $DOGE #ElonCoin #ProofOfElon
@itsALLrisky Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.
TLDR: Elon is recapitulating the #Bitcoin Blocksize War. he must’ve slept through it in 2017 🔥🤦🏻♂️⚡️ #ElonCoin $DOGE #ProofOfElon
@loshan @itsALLrisky For those bad at math 👆, 100X higher transaction volume with 100X lower fees means total fees earned stay same. Low fees & high volume are needed to become currency of Earth.
@durerus @micro_hash Elon is basically replicating #BitcoinCash with unlimited supply & higher inflation 🔥🤦🏻♂️⚡️ #ElonCoin #ProofOfElon
meanwhile, #IOTA’s goal is to be used by billions of people & devices while being #FeelessAF. good luck with your #ElonCoin project 🔥🤦🏻♂️⚡️ #ProofOfElon
@loshan @itsALLrisky For those bad at math 👆, 100X higher transaction volume with 100X lower fees means total fees earned stay same. Low fees & high volume are needed to become currency of Earth.
@itsALLrisky Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.
PREDICTION: Elon is creating a centralized #ElonCoin by hijacking $DOGE. this goes against the core ethos of crypto: decentralization. it will piss off a lot of people in crypto, especially Bitcoiners. thanks, Elon. $TSLAQ just recruited a lot of new members 🔥🤦🏻♂️⚡️ #ProofOfElon
@wholemars @elonmusk bro, seriously, Elon practically declared war on crypto, especially Bitcoiners. this will not end well. watch this THREAD 👇 🔥🤦🏻♂️⚡️ #ElonCoin #ProofOfElon
PREDICTION: Elon is creating a centralized #ElonCoin by hijacking $DOGE. this goes against the core ethos of crypto: decentralization. it will piss off a lot of people in crypto, especially Bitcoiners. thanks, Elon. $TSLAQ just recruited a lot of new members 🔥🤦🏻♂️⚡️ #ProofOfElon
exactly. but hey, what if Elon tells his $DOGE developers to switch to PoS? 🤔 whatever the consensus mechanism, it should be called #ProofOfElon 🔥🤦🏻♂️⚡️
😂😂😂😂😂😂😂😂😂😂😂
Dogecoin's block interval is already just 60 seconds. That's low enough that larger miners already have a big profit advantage over smaller ones.
A 6 second block interval with 10MB blocks would just break the consensus.
Musk should focus on rockets.
PREDICTION: Elon is creating a centralized #ElonCoin by hijacking $DOGE. this goes against the core ethos of crypto: decentralization. it will piss off a lot of people in crypto, especially Bitcoiners. thanks, Elon. $TSLAQ just recruited a lot of new members 🔥🤦🏻♂️⚡️ #ProofOfElon
in other words, this is not #FirstPrinciples engineering. Elon is riding on $DOGE meme that’s why he’s hijacking it instead of creating a new crypto 🙄 but if Elon pulls this off then it will be $DOGE in name only. in reality, it will be a centralized #ElonCoin 🤷🏻♂️ #ProofOfElon
in other words, this is not #FirstPrinciples engineering. Elon is riding on $DOGE meme that’s why he’s hijacking it instead of creating a new crypto 🙄 but if Elon pulls this off then it will be $DOGE in name only. in reality, it will be a centralized #ElonCoin 🤷🏻♂️ #ProofOfElon
so basically, Elon wants to turn $DOGE into #BitcoinCash with unlimited supply and high inflation 🤦🏻♂️ #ElonCoin #ProofOfElon
@itsALLrisky Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.
if Elon manages to pull off radically altering #Dogecoin then it will be $DOGE in name & meme only. in actuality, it will be a CENTRALIZED #ElonCoin using a consensus mechanism called #ProofOfElon 💣🐶💥
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