Quote from: fluidjax on January 09, 2018, 01:42:31 PM

Quote from: afbitcoins on January 09, 2018, 12:35:18 PM

The graphic tries to show how funding a channel is like funding a 'hot wallet'. A more accurate description is that funding a channel is like depositing money with a bank.

Explain why you think that statement is true, and I will explain why you are wrong.

The graphic showed nodes which would be represented by the likes of Amazon, Bitcoin Exchanges and Banks as 'Massively connected Hubs'. Opening a channel with a massivly connected hub like Amazon, a bitcoin Exchange or a bank is more like depositing money with a bank than sending some bitcoin to another wallet, (a hot wallet if you like). I don't know how to explain it more clearly than that. Feel free to show me why I'm wrong. I'm often wrong about a great many things

Quote from: Paashaas on January 09, 2018, 01:50:46 PM

Quote from: fluidjax on January 09, 2018, 01:42:31 PM

Quote from: afbitcoins on January 09, 2018, 12:35:18 PM

The graphic tries to show how funding a channel is like funding a 'hot wallet'. A more accurate description is that funding a channel is like depositing money with a bank.

Explain why you think that statement is true, and I will explain why you are wrong.

Afbitcoins is a Bcash shill/shit noob.

Where do you even get that from? Being a sceptic of offchain scaling immediately makes you a bcash shill/shit noob ?? I don't follow that logic. Therefore I conclude you are a ripple noob shit turnip brain. If you must know I have a little bcash left over that I haven't sold. But mostly I'm not invested in it currently. I reserve the right to add more to my portfolio if I like, I still don't think that would make me a bitcoin cash, sorry bcash noob/ shit all shit noob. whatever. Get some facts before you spout shit