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That's an over-generalization and concluding from it that LN will fulfil all of its promises is characteristic of the kind of blinders-on thinking within the Bi
by CryptoPunk 8y ago
That's an over-generalization and concluding from it that LN will fulfil all of its promises is characteristic of the kind of blinders-on thinking within the Bitcoin Core community right now.
Skeptics have thus far been proven right that LN doesn't work as a full substitute for on-chain transactions, and its advocates have continually had to push back the promised date of a usable product.
Big blocks in an age of 30 Mb/s internet connections can and will work. 3,000 tps on-chain was the original scaling plan for Bitcoin. Fortunately, Bitcoin (Cash) carries on that plan.