Topic: Lightning Network vs Bitcoin cash (Read 1430 times)

... Narratives can change overnight to fit the issues of the day.

LN only requires tx malleability fixes from segwit. There are other ways to skin that particular cat.

As regards BCH deploying an LN like solution - why not? As long as users are given the choice to continue to use Layer1 as before, then L2 solutions can be developed that offer real value propositions to users and their intended use cases.

What BCH wont do is force the issue by making the L1 solution unusable.

I thought SegWit capability was a mandatory requirement for the Lightning Network?
Bitcoin Cash has not activated SegWit. Therefore I don´t think the Lightning Network
would be able to function on top of Bitcoin Cash.

Why would they deploy a solution like the LN anyway? Their whole narrative is based around
how on-chain scaling is the superior solution to scaling Bitcoin. If they would introduce a 2nd layer scaling solution
they would lose their main value proposition.

I thought SegWit capability was a mandatory requirement for the Lightning Network?
Bitcoin Cash has not activated SegWit. Therefore I don´t think the Lightning Network
would be able to function on top of Bitcoin Cash.

Why would they deploy a solution like the LN anyway? Their whole narrative is based around
how on-chain scaling is the superior solution to scaling Bitcoin. If they would introduce a 2nd layer scaling solution
they would lose their main value proposition.

...

But such features could be found in many implementations other than LN.

And these could be layered on top of many coins - for example, Bitcoin Cash....not just Bitcoin.

https://lightning.network

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.

With the lightning network transaction, times should be similar to bitcoin. I don't think so how it'll perform with more and more transactions though.

There is nothing wrong with discussing bitcoin anf bitcoin cash as both camp have some good arguments. You dare to mention and  to compare it to centralized bank ripple, its hilarious

But its fine, let see wat this trash coin is;

There will be 100 billion xrp and 60 billion is in de hand of ripple / bank candidates,  If this isn't a deal breaker for you, you should stay at your local bank and font bother cryptocurrency.

Ay any time rippel can cancel and seize my money, sounds familiar? B  A  N  K

I dare anyone to seize my bitcoin! YOU CANT. LOL. ITS MINE.

For love of brain, they work with the banks and you don't like it when people call it a bank coin any time that its you against the bank you are the one that will get screwed. Or do you truly think banks will invest in something that benefit you and harm the bank. Lol its hilarious  



Discusion about bitcoin and bitcoin cash is what this topic is about, about your ripple bank coin just use goggle to find more what a scam this ripple is. Dont waste people's time and hijack this topic to selll bullshit to newbies about your ripple bank coin

Thanks for all the options, but if you don't have anything actually relevant to add to the discussion and can only post insults, then you might want to move to some other thread.

No, you are a waste of time as you try to compare bank coin to bitcoin.

A) you are a troll
Or
B) you are missing some serious IQ
Or
C) you try just make some advertisements for your bank coin and dont bother what arguments you use.

As I say before always same bullshits from some newly created accounts.

Care to elaborate? Or prove me wrong?

Lightning network will always be one step ahead of the curve than Bcash. People like Roger and his army of shills will call it centralized not knowing the actual network topology behind LN.

And why is al this bullshit comments always from new accounts? Ripple? Seriously? I think that your right about smoking weed, you should stop smoking it.

How so? Quite the contrary in my opinion, LN equals centralization, it's the only way this can even work. Do you really imagine a world where somebody has 30 hops to another person and the amount of money that can be sent over those 30 hops is  determined by the guy with the lowest amount of money AVAILABLE, for YOUR transaction, in his payment channel ? Come on that's ridiculous! In fact it's one of the most dumbest idea's I've ever even heard, the guy who invented LN must be quite disconnected from reality, smoking too much weed, only some crazy hippy with a distorted world view could come up with something like this.

Reality check: the ONLY way this can even work is if banks will solve that problem and start big nodes. Then the size of your account (behind the scenes this would then be called "payment channel") determines the amount of money you can send, just like it does now in traditional banking.

In fact I opened a topic LN vs Ripple, it got deleted not sure why, but I really wonder what the advantage of bitcoin + LN will be over Ripple and the current banking system. In both scenario's it will be all about banks using block chain infrastructure to facilitate their own banking process. Difference though is that banks are already experimenting with Ripple, while LN hasn't even been released yet, so I figure my self Ripple has a much bigger chance of surviving.