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submitted 3 months ago by mwalimu@baraza.africa to c/privacy@lemmy.ml
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[-] makeasnek@lemmy.ml -5 points 3 months ago* (last edited 3 months ago)

Bitcoin lightning is absolutely hilarious. Your solution to Bitcoins problems is - not using Bitcoin. Wow, galaxy brain move.

Bitcoin lightning is Bitcoin. It's a smart contract on the Bitcoin main chain. You move Bitcoin "into" lightning by sending it to that smart contract, you move it "out of" lightning by having that smart contract close. It inherits the security of Bitcoin main chain while getting the transaction speed of off-chain.

Agree to disagree about the rest. Energy use like carbon footprint is about "where you draw the box". Off-peak demand is the cheapest power available, and it tends to be renewable. That trend continues to escalate.

this post was submitted on 20 Jul 2024
528 points (94.0% liked)

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