Post
Topic
Board Development & Technical Discussion
Re: Lightning Network vs Bitcoin cash
by
irukandji
on 24/12/2017, 21:03:56 UTC

 While lightning network provides a much better solution by compressing the fees and times by a great scale and making BTC ready for mass adoption. But what until it doesn't hits the market? BTC dominance is already under 45% they need to launch it very soon to avoid further questions on the supreme command of bitcoin.


You missed the point that LN, now using a version of Tor based routing, will be UTTERLY inefficient. You are trying to shoehorn fast payment methods into a subsystem whose primary objective was to obfuscate the very connections that need to be optimised to keep fees and time reasonable.

Have a look at bolts 4-7 specs to see how hideously complex and unfit for purpose these layers have become.

When they finally realise that this is not going to work on any scale ( like Poons original, now binned proposal) it too will need to be binned. Welcome to your next 18 month delay.



LN is using a version of Tor?
Is there somewhere I can read up on this?  And the rest of the stuff you mentioned?    thanks