funny part is that more people use CEX internal reserve swaps between services and stable coin by a magnitude of 1,000,000x compared to LN
the reason people avoid the bitcoin network first and then use CEX second and then use ln 7th (other bridge subnetworks exist with more liquidity 3-6) is due primarily due to high onchain fees.
yep people avoid the bitcoin network due to fee's not due to (lack of)successes of other flawed systems
funny part is instead of fixing flaws to make it better they just want to promote any hype they can find
especially when if you really observe you will find the initiation of LN was inspired by the hyperledger project(institutions gathering to prototype CBDC, asking bitcoin devs to develop and sandbox test CDBC methodology on subnetworks)
so ofcourse a FED is going to suck eggs about something they pushed for years prior. as its the basis of their own project
the reason people avoid the bitcoin network first and then use CEX second and then use ln 7th (other bridge subnetworks exist with more liquidity 3-6) is due primarily due to high onchain fees.
yep people avoid the bitcoin network due to fee's not due to (lack of)successes of other flawed systems
funny part is instead of fixing flaws to make it better they just want to promote any hype they can find
especially when if you really observe you will find the initiation of LN was inspired by the hyperledger project(institutions gathering to prototype CBDC, asking bitcoin devs to develop and sandbox test CDBC methodology on subnetworks)
so ofcourse a FED is going to suck eggs about something they pushed for years prior. as its the basis of their own project
Yes yes, and the way to fix those flaws to make onchain fees lower is simply to hard fork to bigger blocks like BCash, right, right? Noted.
Here's a write up for everyone, especially newbies, to read, https://medium.com/hackernoon/thats-not-bitcoin-that-s-bcash-f730f0d0a837
OK, let's move on.
SBW Wond be supporting LN anymore.
Motivations are interesting.
Motivations are interesting.
It has been debated here in the forum before. It will be challenging for users to run Lightning nodes altruistically forever. There will be opportunity costs because Bitcoin = a form of capital. There must be enough incentives for all that capital to be locked in those channels. If not, then the result is simple. They leave.
