Post
Topic
Board Bitcoin Discussion
Re: Great News For Bitcoin! Lightening Network First Payment Was Successful!
by
Anti-Cen
on 30/12/2017, 20:37:21 UTC
Anyway, according to the author of the video we should have raised block size long ago, but we didn't... or maybe we did through BCH? Is that the solution? IS it a better solution than the lightning network? IMO it's certainly better than being stuck in 1mb blocks with unbearable fees. I would be willing to accept the nodes as a temporary solution to reduce the network load until a better solution is found.

If you fixed windows then would you like un breakable glass or was you a doctor then would you like to see the world
without a need for doctors.

The dev team can fix this one in hours but are enjoying the profit too much and writing a new system
but any two bid 1st year software student could work out that BTC would not scale and that you don't need
20,000 nodes to service just 7 transactions a second that are only 250 bytes of input data.

VISA has 1/100th the CPU power BTC network has and can preform 25,000 transactions a second
and Ripple can scale to that too but BTC cannot and VISA do it without splitting the ledger so what does
that tell you about the Lightning sticking plaster.