can dash do some marketing like Dash network vs LTC's lightning network or something along that
I'd love to hear Duffield try to explain how his EvoluSham vaporware is going to compete with Litening, an actually existing and production-ready protocol for instant on-chain transactions.
He'll probably promise to get segwit on Dash Soon® and dump more Instamined coins, but then not actually code anything just like he did with the 2MB blocksize increase.
Here's what EvoluSham (which doesn't have so much as a whitepaper for peers to review, much less code) is up against:
What is the Lightning Network?
The LN is a decentralized system for instant, high-volume micropayments that removes the risk of delegating custody of funds to trusted third parties. The benefits of these instant and scalable blockchain transactions are summarised below from lightning.network website.
Instant Payments. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds.
Scalability. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians.
Low Cost. By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments.
Cross Blockchains. Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains without trust in 3rd party custodians.
The LN is a decentralized system for instant, high-volume micropayments that removes the risk of delegating custody of funds to trusted third parties. The benefits of these instant and scalable blockchain transactions are summarised below from lightning.network website.
Instant Payments. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds.
Scalability. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians.
Low Cost. By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments.
Cross Blockchains. Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains without trust in 3rd party custodians.
Maybe Dash PonziNode owners should follow Decred's example and VOTE to get segwit+Lightning on their network? Nah, that would made Dear Leader look bad...
Oh wait...99% of Decred stake holders are voting Yes (https://voting.decred.org/).
It would be bizarre and crazy for Dash Masternode owners to decide differently, unless they want Dash to stay crippled and obsolete. I guess music videos are more important?
