What other solutions to double spending were there in financial cryptography before?
It's pretty hard to get banned on all instances of Lemmy. Particularly, your own.
You are rude, pointlessly combative and move goalposts. Bye.
The point is that even Lemmy instances not optimized for a P2P distribution model can be run on an embedded footprint on domestic fiber broadband. Which is going beyond 10G in some locations. Though symmetric 1G fiber is quite enough.
The aggregate network crossection and compute plus storage on network edge up to on-prem is already more than sufficient for the purposes without requring significant DC footprint. Even factoring in porn and cat videos.
The reasons many people use commercial cloud and DC hosted severs is cost, network quality and convenience. Self-hosting is a PITA but my point it would be adequate for the kind of people that consume resources like lemmy. Though you probably could build a Netflix scale platform on mostly P2P though it would be tough engineering.
You might be surprised what the material and energetic footprint of dairy is.
We don't seem to be communicating well.
P2P architectures run on a routed mesh mostly on network edge don't really need DC server farms. Switching packets, especially minus porn and cat videos don't take much DC space or power either. Lemmy isn't that different from Usenet via uucp on dialup, even considering today's scale.
As a fossil extender solar PV and wind is definitely worth it. It is empirically possible to power some sort of society indefinitely with renewable power alone, like for instance Japan during the Edo period, or to do slightly better.
Just not this sort of society. And almost nobody is ready to discuss what that implies.
I'm running informal sampling about the effectiveness of third party entry-level educational materials on a difficult topic, on a fringe platform. So far the finge platform is not showing a difference to mainstream ones, as potentially possible from audience self-filtering. While N is low the visible conversion factor so far is zero.
To directly address your comment: I am extremely aware of practice of solar PV in Germany, I live there and installed some 2kWp on my roof by myself. Your link has zero relevance to the argument whether current and near future renewable power is autopoietic and whether it also can also create, maintain and power the current global technological society. You need to look at primary energy consumption globally, because solar power infrastructure is merely installed in Germany, using mostly external resources.
I will not continue this thread further unless you can show me you're worth my time.
Fully decentralized p2p cryptocurrency transactions without double spending by proof of work (improvement upon Hashcash) was done first with Bitcoin. The term fintech did not exist at the time. EDIT: looked it up, apparently first use as Fin-Tech was 1967 https://en.wikipedia.org/wiki/Fintech -- it's not the current use of the term though.