Well, there are options on the table like SegWit < temporary relief > and then Lightning Network < permanent solution > that has to be accepted by the people that are running the Bitcoin software. < Full nodes >
I'm not an Unlimited fan, but this just sounds horrible when I read it. A functioning Lightning Network doesn't even exist yet,
and there are still serious questions about the centralized nature of it, patents by Blockstream, and the outright corporate take-over of bitcoin. Lightning is not bitcoin. And Segwit is a horrendous hack.
Finally, bitcoin could function fine with a simple fork to a bigger block size, with a one-line code change. Or, we could wait around another 6 months for the mempool to become unmanageable, and let Unlimited hard fork the network, which could unleash total mayhem.
This's a very interesting one (the one in Bold⬆). . I never knew this. But why is Litecoin trying to implement the Lightening Network or is theirs not connected to corporation. I really love the idea about Cryptocurrency especially Bitcoin being totally decentralized