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by user-the-name
1811 days ago
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There is a whole world of difference between heating homes across the planet, and running a network that can do 7 transactions a second. A single home PC from 2004 could run the bitcoin network, but instead, it uses 0.1% of all the energy in the world. It is by a wide margin the most ridiculously inefficient thing ever created. And it won't improve, because it is built that way by design. |
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As for "7 transactions per second", sure, 7 on-chain transactions with the current block size. You don't need them for things like buying a cup of coffee. So this FUD is somewhat outdated.