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lightning is a reimplementation of a part of visa, caching for response time and still recording on a blockchain, no? reminds me of https://en.wikipedia.org/wi
by jjtheblunt 4y ago
lightning is a reimplementation of a part of visa, caching for response time and still recording on a blockchain, no?
reminds me of https://en.wikipedia.org/wiki/Greenspun%27s_tenth_rule https://en.wikipedia.org/wiki/Greenspun%27s_tenth_rule
- gbaygon 4y agoIt's an alternative payment network, implemented as a bitcoin layer 2. You can argue that it's somewhat centralized, but not as much as Visa.
- npc12345 4y agoNo, that is not how lightning works.
- jjtheblunt 4y agoHow is it essentially different?
- npc12345 4y agoVisa transactions can be reversed, Lightning transactions can not. Bit a of an apple to oranges comparison anyways but that's the biggest difference.