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Lightning works and it's easy for anyone to start using it now. Whether you want to discount it cause it can't immediately onboard the entirety of humanity with
by taolegal 4y ago
Lightning works and it's easy for anyone to start using it now. Whether you want to discount it cause it can't immediately onboard the entirety of humanity within an arbitrarily short timeframe is just nitpicking because there certainly will be a protocol capable of achieving that absurd high bar for a trust-less blockchain.
Spoiler: eltoo & an upgrade with SIGHASH_ANYPREVOUT along with channel factories seems perfectly capable.
- polygamous_bat 4y ago> Lightning works and it's easy for anyone But it will NEVER work for everyone. > you want to discount it cause it can't immediately onboard the entirety of humanity within an arbitrarily short timeframe is The "arbitrarily short" timeframe is 30 years. That seems kinda long to me. But then again I keep hearing "We're still early!" after 13 years of Bitcoin, so maybe you guys are targeting sometimes next century, in which case, my apologies. Oh, and also, it's not _just_ to onboard, it's the first transaction. Anytime you want to settle, close a channel, create a new one, it's the same congestion. Unless you propose people initiate a channel for their newborn so the kid can eventually start using lightning when they get their third real job at 30? That _could_ work, hmm. > there certainly will be a protocol capable of achieving that absurd high bar for a trust-less blockchain "My project is gonna be working by the time for the final! I swear!" stopped working for me when I graduated high school and entered what some may call the real life. Seems cute that it's still alive and well in the crypto fantasy land to judge things by the publicity pieces instead of what they actually are. Anyway, I'm not nitpicking. I'm punching holes through your tired arguments about an inefficient database and how it's the savior of humanity (just to pump up your coinz.) To all knee deep bitcoiner, please understand that your future of finance wet dream doesn't actually ever scale to 1% of what's needed, stop burning fossil fuel, and find a new hobby, ffs.
- taolegal 4y ago> stopped working for me when I graduated high school and entered what some may call the real life > future of finance wet dream doesn't actually ever scale to 1% of what's needed, stop burning fossil fuel, and find a new hobby, ffs This just seems needlessly vitriolic rather than a substantive argument. I gave you a protocol that doesn't "take 30 years" and you say it's a pipe dream.