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The energy cost is really only a problem for on-chain transactions. Technologies like the lightning network can greatly mitigate that problem.
by _0ffh 6y ago
The energy cost is really only a problem for on-chain transactions. Technologies like the lightning network can greatly mitigate that problem.
- paulryanrogers 6y agoDoesn't that mitigation introduce more centralization though?
- _0ffh 6y agoNot that I'm aware of. The lightning network seems to be a fairly decentral affair to me. Still I suggest you make up your own mind by perusing https://lightning.network/ https://lightning.network/
- paulryanrogers 6y agoSo the arbitration still occurs on the blockchain? Seems like maintaining all these different ledgers adds a lot of complexity when a better solution may be a non-Bitcoin, or even non-blockchain DB.
- _0ffh 6y agoSure. But that's still potentially multiple orders of magnitude fewer on-chain transactions than without. I'd call that a quite efficient mitigation.