• glibg10b@lemmy.ml
    link
    fedilink
    English
    arrow-up
    29
    ·
    2 days ago

    What’s worse is that there are modern alternatives that can process hundreds of transactions per second without any mining at all

    But Bitcoin people don’t care about that because they don’t use Bitcoin for actual payments, they use the price to pump their bags

    • yogurtwrong@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 day ago

      What is the modern alternative for decentralized, eco friendly money?

      I know monero is praised a lot by the people of penguin but that one also requires mining.

      • glibg10b@lemmy.ml
        link
        fedilink
        English
        arrow-up
        1
        ·
        3 hours ago

        Nano has one of the lightest nodes, making it quite eco friendly. And Atto’s node can run on a 1 GB VPS (the minimum requirements are here)

      • Liketearsinrain@lemmy.ml
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 day ago

        It is praised for its anonymity, and it uses an algorithm that purposefully works worse on GPUs and probably ASICS, but don’t quote me on that.

        A lot of malware bundles miners for it because of it.