Quote from: ComputerGenie on July 12, 2017, 12:44:41 AM

Quote from: JayJuanGee on July 12, 2017, 12:30:31 AM

Would you like to provide a quick 'spaining? Undecided

OK, Lucy, here goes the "quick" version:

LN is not a sidechain
LN is not part of Bitcoin
LN is part of an eCommerce business model that is detached from Bitcoin
LN is not even similar to a sidechain
LN is not part of Bitcoin

Your rendition does not come off as very helpful in order to facilitate any kind of meaningful discussion of the matter. You act as if Lightning network is some kind of private entity that is intended to take over and pervert bitcoin in some kind of nonsensical way - when the fact of the matter is that it is open source and it also is going to quite likely facilitate a lot of transaction flow to allow bitcoin to become more competitive as a payment system, like you BIG blocker nutjobs continue to argue as important to bitcoin's competitiveness in the world of little man finances.

This question answer seems to describe Lightning Network in a comprehensive way that does not really seem to be out of line with my previous layman rendition.

https://medium.com/@AudunGulbrands1/lightning-faq-67bd2b957d70