this post was submitted on 05 Jul 2025
540 points (92.3% liked)
Greentext
6653 readers
1583 users here now
This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.
Be warned:
- Anon is often crazy.
- Anon is often depressed.
- Anon frequently shares thoughts that are immature, offensive, or incomprehensible.
If you find yourself getting angry (or god forbid, agreeing) with something Anon has said, you might be doing it wrong.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Bitcoin hasn't made much progress. There are some layers on top of it that let you send instantly and cheaply, but they are at best impractical (for lightning, of you want to be able to receive money you have to create a channel with a "server" node and them spend bitcoin which buy you liquidity to receive money. Utterly worthless)
The two I have my sights right now are monero and ltc. Both of those let you send pretty fast and with less than a cent fee
There is a tech that is called proof of stake that means that mining is waaaay more energy efficient but none of those are implementing it. I've heard it has drawbacks but I'm not sure I understand them
Also monero is mined in a way that buying GPUs or ASIC (mining specialized hardware) is not worth it. You get better results on a CPU, making mining more accessible for everyone
Both of those have confidential transactions so no one know who sends who how much money nor how much money each part has. Which is pretty cool
It's called Monero, aka XMR. Typo there.
I know what i said
/s
~I'll edit now~