We were waiting for this for months. I think there has been a thread about it last year, but people forgot about it when the whole big block quarrel has started and then we had all that drama with BCH and another drama with 2x... Lightning is a great solution because it doesn't interfere with BTC but works around it. I hope this will bring more people into Bitcoin and raise confidence that we have lost recently when the fees rose to $50+
So if ledgers on this BTC network keeps a balance of BTC then whats trading on Lightning ? Hens teeth maybe or
is it IOU's for BTC and if so then who lends out the IOU's to be settled at the end of the month.
Boy this reminds me of VISA card and bankers dreaming up money just like they do already and I am not alone
in saying this.
https://www.youtube.com/watch?v=UYHFrf5ci_gPoW and mining solved one problem and created ten more and this is just were we are heading with
lightning but instead of Bob talking to Alice we have Chow Ming mo and Rabdub Remead thrown into
the mix and they don't talk the same language or share the same tokens.
"confidence " will be restored to some degree when the miners stop mugging us and if too many exist
in the CPU War BTC has created to make a living from just mining coins then some will have to go, like
90% of them because we simply don't need 20,000 to process seven transactions a second