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A comment on Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014). Parent comment

Re:Mining Bitcoin with pencil and paper: 0.67 hashes per day... by dTal on Monday February 15, 2021 @05:59PM (#26148751)
The computationally wasteful bit is the proof-of-work, which is an inherent part of bitcoin. The Lightning Network is just about scaling transactions.

Your government rant is a non-sequitor - bitcoin doesn't become any more efficient just because The Man doesn't like it.

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Re:Mining Bitcoin with pencil and paper: 0.67 hashes per day... by Consultant32452 on Monday February 15, 2021 @09:26PM (#26150249)
The computationally wasteful bit will go away with things like the visa network where they will only have to persist back to the blockchain when you transact with a wallet that isn't on their network. Otherwise it'll just be records in a database not unlike regular currency.
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