Topic: What are the advantages and disadvantages of BTC/LN and BSV? - page 2. (Read 298 times)

BSV is a centralized altcoin that was created by copying the copy of bitcoin's source code and blockchain. there is no advantage in such a copy coin ever so your question is moot.

this is wrong.
there is no such thing as "original bitcoin protocol". there is only one bitcoin protocol that bitcoin uses and all its copies have copied. BSV also has changed a TON of things about transaction signing which they copied from SegWit. so no, there is nothing original about it.
the only thing they have done, which they use in their advertisement as "Satoshi Vision" is increasing the block size to dangerous and unreasonable levels.

1. Advantages of LN is purely the fast transactions. Disadvantage? The whole thing being off-chain which tends to add some costs up in the long run. BSV, well, it's its own altcoin and I don't think I know it so well to discuss the pros and cons.

2. BTC/LN will probably get a chance to have its say on the whole bitcoin economy while BSV will just get pumped and dumped every now and then without much use-case.

3. Providing cost-effective and fast transactions, together with giving the masses a chance to be their own banks, of course. Always has, always will be--though of course there are some people who deviated from this thought and have used bitcoin as a primary source of income, but that's their individual goal.

4. Yes. Just imagine the applications it might see.

Massive adoption goal of Bitcoin in the future or long term is already given on it. I believe that as time goes by adoption is into Bitcoin, year by year there are new people starting to use Bitcoin since it was started.
Another goal of Bitcoin for me is the freedom or decentralization of payment, opposite of banks. As you can see in some banks, they are the one who decide where you can only use your money. But in Bitcoin, you should use it anywhere, something like that.

The Lightning Network is a "Layer 2" payment protocol that operates on top of a blockchain-based cryptocurrency (like Bitcoin). It enables fast transactions between participating nodes and has been touted as a solution to the Bitcoin scalability problem. I do not know what is happening but there seems to be many problems associated with LN though many are still looking at this infrastructure as a way to help Bitcoin's scalability problem.

BSV is Bitcoin Satoshi Vision which is now very much associated with Craig S. Wright the man considered to be a top personality that the Bitcoin community really disliked. Bitcoin SV (Satoshi Vision) is the original Bitcoin. It restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale. Bitcoin SV will maintain the vision set out by Satoshi Nakamoto's white paper in 2008. As claimed by people who are promoting BSV, this is the real deal and the Bitcoin that we know is now worthless.



There is a big chance that both networks and platforms will survive as the cryptocurrency industry can still accommodate more players. Both the real BTC and BSC have their own set of loyal users and fans. And yes, admittedly, many of those holding BTC are also into BSV, this is all a matter of money to them and nothing is personal.


The goal of Bitcoin especially in the future is to be the best cryptocurrency that the world over can use in transacting business from buying a cup of coffee to purchasing a condominiums and cars. And this is where most of the developments should be taking place. Aside from this, BTC should become the premiere store of value where investors can buy and hold expecting a good return of investment most of the time.
 

Yes. And I don't have to tell the reasons why.

We can't.Bitcoin will remain as a "digital gold"-store of value.
No cryptocurrency will become widely adopted by the merchants anytime soon.

But how can we get more and more real world merchants accept BTC with a transaction speed of 3~7 per second?

LN is a separate network that does not even use blockchains.
it goes against all the principles of the whole innovation of blockchains. so much so even the devs have lost funds using it.

bsv is not a btc blockchain but its own altcoin.

in both cases the only thing that 'adoption' matters is how many real world merchants. and i mean real world merchants, not community fangirls playing with each other sending each other virtual gifts in exchange for payments. i mean real actual real life usage.

btc has the most adoption of this real life merchant use   .. and LN / bsv are no where close.
however developers are letting btc stagnate and trying to push people onto other networks. which i find foolish

Hello, I'm new here. And I want to learn more about bitcoins, so I have some questions.

1: What are the advantages and disadvantages of BTC/LN and BSV?

2: Do you think BTC/LN and BSV can both survive in the long run, or only one can survive or none of them?

3: What is the goal of BTC in the long future?

4: Is massive adoption a goal for BTC in the long future?

Thanks