Re:Stripe is kick-starting market for carbon removal
by user-the-name on Wednesday October 27, 2021 @10:09AM
(#29013469)
Bitcoin processes, as a maximum dictated by technological choices, 2-3 transactions per second. Each transaction is around a few hundred bytes.
Re:Stripe is kick-starting market for carbon removal
by tenuousemphasis on Wednesday October 27, 2021 @10:18AM
(#29013580)
Luckily Bitcoin has second layer systems being built on top of it, which allow it to leverage that 2-3 on-chain transactions per second to process thousands of millions more transactions off chain either through decentralized systems like Lightning or centralized custodial wallets.
Re:Stripe is kick-starting market for carbon removal
by user-the-name on Wednesday October 27, 2021 @05:31PM
(#29019397)
Second layer solutions that do not actually work and that rely on solving unsolved problems in computer science to actually get working at scale.
Every time I see a thread on HN about crypto it makes me want to buy BTC or w/e because people are so unbelievably disingenuous on here that it probably still has a lot of steam left. The side that needs to be misleading to make their point is rarely the correct side to be on in my experience.