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Re:Cambridge Bitcoin Electricity Consumption Index by Sleepytime on Wednesday February 10, 2021 @05:47PM (#26095868)
>Do we create a localised version/model where people can transact with each other without touching the blockchain

This is what the lightning network is for: scalable, instant, low-cost, and off-chain TXs. All transactions between the opening and closing of a payment channel are consolidated into two TXs. One to open it another to close it. This means energy cost per TX goes down pretty significantly with adoption.

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