4 ms·
> want to retain their power by keeping all transactions on-chain in Bitcoin Cash Exactly what power is that? The power to collect smaller mining fees? Honest
by smokeyj 9y ago
> want to retain their power by keeping all transactions on-chain in Bitcoin Cash
Exactly what power is that? The power to collect smaller mining fees?
Honest question - what's the status of Lightning? Core promotes it as the solution to scaling and it's essentially a page on github. Litecoin already has Segwit and no one is using Lightning. Am I missing something here?
- flashdance 9y agoThere's no need for lightning on litecoin because litecoin has very few users.
- colatkinson 9y agoLightning implementations exist and are fairly usable (although I've found there is some disagreement on e.g. public key format for peers). Check out the following: * Lit: https://github.com/mit-dci/lit https://github.com/mit-dci/lit * Eclair: https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet https://play.google.com/store/apps/details?id=fr.acinq.eclai... * lnd: https://github.com/lightningnetwork/lnd https://github.com/lightningnetwork/lnd * lightning-c: https://github.com/ElementsProject/lightning https://github.com/ElementsProject/lightning Do these projects have the nicest UX? No. Is it fairly trivial to hook up a shiny UI to their RPC interfaces? Yes. It's going to take a bit to roll out the infrastructure necessary, but a 1.7 MB block size is good enough until then. Especially if miners stop using ASICBOOST and mining near-empty blocks.