Your posts are pretty much incoherent to analyse the argument except that it sounds like you are hell bent on kicking dust. I am sure most of the notable members on BCT don't want to indulge people like you who just want to come up with the worst-possible imaginary situations. So I'll try in whatever humble manner I can.
I like to deal in facts friend and will often backup what I say with links to articles or youtube and if you watched the video about Bob buying a coffee a
day for a month from the same shop then I say that someone is presenting the "best-
possible imaginary situations" so lets have some balance
here.
you make this argument about the settlement transaction. LN aims to enable micropayments and it does that quite well. The settlement transaction when closing the channel is a one-time cost which will not be the 30$ owing to de-congestion as smaller payments move to LN.
That is an assumption you are making and does not take into account inter banking settlement between the large banking hubs that will be added
to the BC and what do you make of this from the white-paper
A tradeoff exists between locking up transaction fees on each
hop versus the desire to use as small a transaction amount as possible (the
latter of which may incur higher total fees). Smaller transfers with more
intermediaries imply a higher percentage paid as Lightning Network fees to
the intermediaries.
My understanding is that I am using my own money in the ledger held by me and the first hub/bank in the route
but then the bank is forced to use it's own money for the next stage of the hop and will want interest payments
from me for the service. In other words a credit in the left hand ledger does not become a credit in the right hand
ledger
You won't need to open channels with every individual/ store you want to transact with. It'll be a multi-hop transaction as explained in the videos quite well. You will anyways have a channel with some major hub whenever you make your first purchase. Depending on how that services you, you can always change it to someone else when you settle your transaction and open a new channel.
Yes I sign up with a large banks who charges fees and interest but I am free to leave and pay $30 BC Tx fee and join another bank
so why the Bob and the Coffee shop story is just fantasies just like I said
Segwith adoption is still low due to which its positive effects are not being felt. This is a community project and of course the "üser" community needs to do its part. Bitcoin developers don't owe anything to anybody. They give you an elegant solution and you don't use it. Its not on them to market it like Mr. Ver and form a circlejerk of Bcash tipping idiots.
Elegant when changing a back end database does not include telling everyone that they not only need a new telephone number but they need
a new telephone (Wallet in this case) too. Lets not start blaming others for the mistakes of the past I say.
Same repeated argument. You want to use keep using the fear psychosis of "Banks". With funds committed to an LN channel, EVERYONE is a BANK. Everyone is in it together. Of course some will be bigger, some medium and some smaller.
I have already addressed the question of Bob being a bank/hub for Alice so please go back and read it because the argument falls flat on it's face
and poor old Bob ends up going without his morning coffee at the end of the week.
Seems to me that you have no technical argument to present here and just want to be rude in case people cotton on to the facts that
Lightning attempt to solve the scaling issue is by introducing banks to Bitcoin which is not quite as bad as starting CPU-Wars all over
the internet between miners to solve the problem of generating new coins which others have managed without having to burn out CPU's
Are you a developer? Do you have a working code for this "Idea" you are proposing? If yes, you are welcome to go join the github and propose it there. If you can't do this and have only thought of this in some algorithmic way then how are you talking about Pointers to collection of nodes??!! All nodes are supposed to be equal. What are you even doing here if you think that its okay for only a few masternodes to process the block data. There's SPV wallets for that.
Yes developer, no not Linux based but I will offer up this one line of code
public static money MaxFees =1.50
// 20,000 miners not need to process 7 TPS, too little work to pass around to feed all of Africa Nodes doing distributed processing can all be the same, part of smaller group processing 1/50th of the BC so not sure what your going on about
"All nodes are supposed to be equal" because some are running $300 hardware and others are running $50,000 hardware anyway
Yeah, sure. Coming from someone who cannot form more than a couple of coherent sentences, this is good advice /s
I know when I have won a debate when the other side feels the need to use insults but what about the "
green crypto mining ICO" " under your
name because 20,000 miners on Bitcoin doing CPU-Wars is not green so forgive me when I say it looks like you will say anything that you are being paid to say