Re:Ethereum Proof-of-Stake
by chickenpotpie on Thursday July 07, 2022 @09:39AM
(#32013931)
Bitcoin also processes over a 10,000 times less transactions than the fiat system
Yeah it also uses less energy per year then the sun... what a comparison...
Gold mining? What does gold mining have to do with the financial system in 2022? It's funny how Bitcoin's "goldbug" roots crop up from time to time in these discussions.
Re:Ethereum Proof-of-Stake
by TremendousJudge on Thursday July 07, 2022 @09:38AM
(#32013926)
It also processes several orders of magnitude less transactions, and does so much slower (and at a higher cost). Please stop posting misleading claims.
Re:Ethereum Proof-of-Stake
by 100001_100011 on Thursday July 07, 2022 @09:48AM
(#32014037)
What I posted isn't mutually exclusive with the parent comment.
The lightning network on top of Bitcoin scales the number of transactions.
Please stop placing claims where I didn't make any.
"Bitcoin uses 2-56 times less energy than the fiat system" https://bitcoinmagazine.com/culture/bitcoin-environmental-de...