Topic: Lighting Network is a BANK'S TRAP? - page 2. (Read 295 times)
Until lightning network is going to launch no one can predit what is really is and how it is going to work because there arent a lot of informations about it so it is hard to even speak about it. It is possible that banks are behind network lightning and they want to take control of bitcoin but it is hard to belive that they went that far and they are going to create such a big project when banks dont even care very much about bitcoin.
So he's making the argument that only banks have Bitcoin to open a channel with. That's a rather ludicrous starting point to build an argument from. There's a lot of this sort of FUD about mainly from those that support Bcash. It really doesn't make any sense and is trying to distract from the fact that if you attempt to scale simply by ever increasing blocksize eventually you end up in the situation where only large supercomputers in data centres will be able to run as nodes.
But he has some truth in it as well. As from what I read, to get into top 15% holders, you only need 15BTC, which means, that majority of people have way less than that... So how much does it actually take to run a lighting network node?
This is one of the funniest argument I ever heard, really, I literally laughing about the top 15% arguments. As what others have said, you can easily open a payment channel and that's it, no need to be technical here.
And you know what's more funnier? We even haven't implemented it yet, but you can see there's a lot of FUD going around now. Just imagine when its been rolled out, we might see countless threads bashing LN and hundred of arguments against it.
So he's making the argument that only banks have Bitcoin to open a channel with. That's a rather ludicrous starting point to build an argument from. There's a lot of this sort of FUD about mainly from those that support Bcash. It really doesn't make any sense and is trying to distract from the fact that if you attempt to scale simply by ever increasing blocksize eventually you end up in the situation where only large supercomputers in data centres will be able to run as nodes.
But he has some truth in it as well. As from what I read, to get into top 15% holders, you only need 15BTC, which means, that majority of people have way less than that... So how much does it actually take to run a lighting network node?
But he has some truth in it as well. As from what I read, to get into top 15% holders, you only need 15BTC, which means, that majority of people have way less than that... So how much does it actually take to run a lighting network node?
Why do you need to be in the top 15% of holders? You can make a node and open channels with any amount you want, there is no lower limit. Again the whole argument is based on misleading you.
So he's making the argument that only banks have Bitcoin to open a channel with. That's a rather ludicrous starting point to build an argument from. There's a lot of this sort of FUD about mainly from those that support Bcash. It really doesn't make any sense and is trying to distract from the fact that if you attempt to scale simply by ever increasing blocksize eventually you end up in the situation where only large supercomputers in data centres will be able to run as nodes.
But he has some truth in it as well. As from what I read, to get into top 15% holders, you only need 15BTC, which means, that majority of people have way less than that... So how much does it actually take to run a lighting network node?
So he's making the argument that only banks have Bitcoin to open a channel with. That's a rather ludicrous starting point to build an argument from. There's a lot of this sort of FUD about mainly from those that support Bcash. It really doesn't make any sense and is trying to distract from the fact that if you attempt to scale simply by ever increasing blocksize eventually you end up in the situation where only large supercomputers in data centres will be able to run as nodes.
https://www.youtube.com/watch?v=UYHFrf5ci_g
I stopped using Bitcoin since late November. I do not transact in bitcoin, only in LTC or ETH.
But I was watching today some videos trying to understand the lighting network better, and I came across this one - and the guy makes a point, that lighting network has to be pre-funded with the money. And he makes a conclusion, that it is somehow related to banks.
What do you guys think?
I stopped using Bitcoin since late November. I do not transact in bitcoin, only in LTC or ETH.
But I was watching today some videos trying to understand the lighting network better, and I came across this one - and the guy makes a point, that lighting network has to be pre-funded with the money. And he makes a conclusion, that it is somehow related to banks.
What do you guys think?
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