Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a revolutionary currency but a fairly inefficient payment network
by
Teraboy
on 19/10/2016, 02:06:32 UTC
Yes, bitcoin is a near perfect currency on the on-chain settlement layer but very inneficient as payment network, since it can't scale on-network, therefore it will need offchain solutions like lightning network and such.

franky1 incoming in 5....4....3....2....1.....
Seriously i'm a franky's fans.  Cheesy he is very active users with good statement and suggestion.

That's right i agree with you. just like the confirmation and unable for using a zero transaction caused by the double spending are preventing the bitcoin could be a efficient payment network. and just hoping the LN will resolving the problem and making the bitcoin be the efficient currency in the future. but we need a lot of the developer are wanna making a new ideas for bitcoin. Cool