Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
brg444
on 11/08/2015, 19:48:24 UTC

Blockstream was incorporated a full year before Lightning Network was introduced by independent developers. This is a load of BS and yet another attempt at vilifying respectable developers by the reddit mob.
The idea that most transactions could be moved off the chain certainly existed before the public lightning announcement.

Adam Back was talking about sidechains at the 2013 San Jose conference.

Another forum member told me he was investigating micropayment channels for off chain transactions in May of 2014.

The date at which Lightning was publicly announced does not prove anything about what the Blockstream founders told their investors.

This is all very interesting but does nothing to support what is basically a bunch of circumstancial evidences thrown together to yet again try to paint blockstream in a bad light.