Privacy

31981 readers

273 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
Don't promote proprietary software
Try to keep things on topic
If you have a question, please try searching for previous discussions, maybe it has already been answered
Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
Be nice :)

Related communities

Chat rooms

[Matrix/Element]Dead
Discord

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago

MODERATORS

[email protected]

528

Global IT outage shows dangers of cashless society, campaigners say (www.theguardian.com)

submitted 3 months ago by [email protected] to c/[email protected]

198 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 20 points 3 months ago (1 children)

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

The energy cost to maintain the base chain is <1% of global energy use, mostly from renewables

Yeah, that's bullshit. First of all, 1% of energy use for a network that serves a few million transactions per day is really bad. A single 1kW node in Visa's datacenter churns through that in an hour.

Second, it's not renewables. It's everything they can get for cheap. And that's often enough coal, gas, oil. Also, they're driving up power demand as a whole, which means fossil energy is actually needed longer.

[–] [email protected] -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.