Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

  • Sanyanov@lemmy.world
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    1 year ago

    While Lightning doesn’t need you to open a channel for every new recipient and has smart routing through other participants, I still think it’s an inconvenient solution we don’t have to take.

    We have Solana, a 300.000+ TPS Layer-1. We have much smarter Ethereum Layer-2’s that don’t require this bullshit. We have many ways to tackle this problem, it’s the hyperfocus on Bitcoin that, in my opinion, makes people go for Lightning network anyway.

      • Sanyanov@lemmy.world
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        1 year ago

        Solana currently has 1777 validators - which doesn’t look like much compared to Bitcoin, but is actually way more than enough for any practical intents and purposes.