Which one will be the solution to the bitcoin scalability problem (Dream of instant payments with low fees)?
Lightning Network:
off-chain protocolIt would feature a P2P system for making micropayments of digital cryptocurrency through a scale-free network of bidirectional payment channels without delegating custody of funds or trust to third parties.
[1]SegWit2x:
block size limitwas a failed contentious hardfork outlined in the New York Agreement that intended to double the block size limit. The hardfork has been denounced as an attempt made by CEOs and owners of large Bitcoin businesses to introduce changes to the currency's protocol and development cycle with ulterior motives.
[2]Of course it's LN, the off-chain solution. Block size limit will always be reached while the transactions increase.
But the ASIC company will not like the LN solution because that will reduce their profit. Bolded is not necessarily true. If transactions scale exponentially in LN companies serving blockchain users would see healthy use and growth, but not exponential. And the 180,000 backlog of transactions would go away.
Yes there were ulterior motives in each of the hard forks, and yes the most disturbing one was the NY Agreement.