Re: Segwit on Bitcoin has Failed , BTC Core has Lost , The Miners have Won
I would like to see Off-Chain and Sub-Chain solutions. This is much better than the current centralization with 5-10 miners. Competition is a good thing.
BTW competition is not stealing!
When you compete with someone else , you are not locking that other person in place where they can not compete with you.BTW competition is not stealing!
LN Locks BTC in Place ONCHAIN, once locked there can be no future transactions fees for the miners on that amount of BTC until LN releases the lock.
However LN can makes an infinite amount of transaction fees OFFCHAIN on that locked amount, while for the miners it is frozen.
Why do you always talk about LN?! I wrote Off-Chain and Sub-Chain in general!
Off-Chain and Sub-Chain transactions need the blockchain anyway. There is no law that a crypto transaction might not be made without a miner taxing this transaction!
You seem to think that the Bitcoin communitys only purpose is to support the miners. That is wrong - the miners job is to support Bitcoin!
This again is where you are confused who your daddy is?
BTC is a worthless piece of nothingness , unless their are Miners to move the BTC around and include transactions.
So hate to break it to you , In a PoW coin the Miners are your Daddy.
You want freedom, you either have to be a PoW miner or a PoS Staker, just buying a coin gives you ZERO control over it, you are completely dependent on the miners or stakers.
