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by xur17
1862 days ago
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This. Every single article and discussion about this "problem" always uses base chain transactions as the divisor for the energy cost per transaction. The average Bitcoin transaction [0] is ~$500k right now. The protocol made a conscious decision to make layer 1 a settlement layer, and secondary layers as transaction layers. I personally make an order of magnitude more transactions on layer 2 than I do on layer 1. The company I work for fits into the same boat, and the vast vast majority of funds we receive are on a layer 2. [0] https://blockchair.com/bitcoin/charts/average-transaction-am... |
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