Microsoft supports Lightning Network, calls out shitcoins

pereira4

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Quote from: Warren Buffert on February 13, 2018, 09:23:10 AM

How is lightning network decentralized?

Because of the way channels are routed, it works similar to the Tor onion network. Read this:

http://bitcoinist.com/nick-szabo-bitcoin-censorship-resistance/

Of course, Roger Ver, Craig Wright and the rest of amateurs would know better than Nick Szabo, the guy that invented the precursor for Bitcoin.

Warren Buffert

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How is lightning network decentralized?

pereira4

legendary

Activity: 1610

Merit: 1183

Quote

Microsoft: "Some blockchain communities increased on-chain tx capacity (blocksize increases), this approach generally degrades the decentralized state & cannot reach the millions... we're collaborating on decentralized Layer 2 protocols that run atop 'BTC' blockchain to achieve global scale"

https://cloudblogs.microsoft.com/enterprisemobility/2018/02/12/decentralized-digital-identities-and-blockchain-the-future-as-we-see-it/

Looks like the boys over at Microsoft are getting their homework done and are getting up to date, and that is, to work on and support second layer scaling solutions. They have realized Roger Ver's scam is a dead end that will end up in datacenters validating all the data and therefore nobody with big pockets will park their wealth on there.

Soon you'll see Steam come back accepting Bitcoin payments again as they are figuring out right now how to implement a lightning channel.

Big things coming for Bitcoin in 2018, ignore the scammers, FUDsters and retarded volatility, we are taking over.

Topic: Microsoft supports Lightning Network, calls out shitcoins (Read 152 times)