Post
Topic
Board Bitcoin Discussion
Re: The Answer to the 1MB BitCoin problem!
by
dinofelis
on 25/03/2017, 08:13:01 UTC
I know its their roadmap but isnt it safer and more secure than what the Bitcoin Unlimited people doing? There are talks of the centralization of mining under Bitcoin Unlimited, doesnt that concern you?

1) bitcoin mining IS ALREADY centralized.  5 pools have more than 51%.  10 pools have more than 75%.

2) LN centralizes even faster than PoW.  Only big bank hubs can run the LN profitably.