Quote from: yayayo on November 23, 2016, 01:51:09 PM

Yeah, kiklo is a well known altcoin troll. Almost all of the professional anti-SegWit trolls and UnlimitedCoin worshippers are heavily active in the altcoin world. That's not surprising, because all they hope is to destabilize Bitcoin for that their altcoins become more valuable.

Seriously ,
If they fix BTC transactions problems then Great , if not, then not really my problem, I am mainly into Alts anyway.
As far as SegWit, no anti here, LN won't work without.
My main point is the transaction congestion can easily be fixed by increasing block size or decreasing blockspeed, and the people that say that won't work are Lying.
Now once that has been done, yes SegWit & LN will be needed if you want to compete with Visa, but if BTC transactions issues are not fixed, LN will crash.

https://bitcoinmagazine.com/articles/here-s-how-bitcoin-s-lightning-network-could-fail-1467736127

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The Lightning Networks Failure Mode

The Lightning Network failure scenario described by Todd, takes place when a large number of people on the Bitcoin network need to settle their Lightning Network disputes on the blockchain in a relatively short period of time.

https://bitcoinmagazine.com/articles/here-s-how-bitcoin-s-lightning-network-could-fail-1467736127
We do have a failure mode which is: Imagine a whole bunch of these [settlements] have to happen at once, Todd explained. Theres only so much data that can go through the bitcoin network and if we had a large number of Lightning channels get closed out very rapidly, how are we going to get them all confirmed? At some point, you run out of capacity.

In a scenario where a large number of people need to settle their Lightning contracts on the blockchain, the price for doing so could increase substantially as the available space in bitcoin blocks becomes sparse. At some point some people start losing out because the cost is just higher than what they can afford, Todd said. If you have a very large percentage of the network using Lightning, potentially this cost is very high. Potentially, we could get this mass outbreak of failure.

What you call trolling , I call an Honest Opinion.

How many trolls actually tell you the solution to the problem so it can be fixed? Wink

https://bitcoinmagazine.com/articles/why-viabtc-rejects-segwit-soft-fork-in-favor-of-block-size-hard-fork-interview-with-haipo-yang-1479409475

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Instead, the mining pool favors a hard fork to remove the one megabyte block size limit, as proposed by Bitcoin Core fork Bitcoin Unlimited.

Either or Both
http://www.coindesk.com/lower-bitcoin-block-time-scale/

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Using data pulled from their open source simulator of a proof-of-work blockchain (bitcoin and ethereum are two such blockchains), researchers from ETH Zürich argued that bitcoin could securely reduce its block time from 10 to 1 minute.