[user-the-name]

Using 0.1% of all the energy produced on the entire planet to do seven transactions per second, something a single desktop computer from 2004 could handle just fine on its own, is not a waste that is "subjective".

It is the most outlandishly, ridiculously wasteful that humanity has ever produced. There is nothing in the history of mankind that comes even close to this level of utterly deranged waste.

[keymone]

Most of that energy would not have been produced and it’s orders of mignutude more tps.

[user-the-name]

It literally is seven transactions per second, that is all that Bitcoin can do.

Actually it's even less than that in practice. It really is that shit.

[keymone]

Nope, it’s probably in millions per second already, read about lightning network.

[user-the-name]

I am very familiar with the lightning network. It only exists in toy form. What currently exists can not scale, and nobody know how to make it scale.

As it exists, it does not work beyond the toy levels of usage it is seeing today.

[keymone]

a toy form with 1800BTC ($54mil) only in public channels. i don't think you're familiar with it at all, it scales very well because payments are actual peer to peer, don't need to be globally broadcast and checkpointed. millions tps.

[user-the-name]

It does not scale. At all. The only reason it works at all at the moment is strong centralisation.

Routing in the Lightning network is an open problem in computer science, one that nobody know how to solve. Payments aren't peer to peer, they have to be routed through intermediaries. And how to do that is basically impossible to figure out, except if you just have a handful of giant hubs you can route through.