Post
Topic
Board Development & Technical Discussion
Re: Can Lightning network work decentralized ?
by
sjefdeklerk
on 09/01/2018, 21:08:19 UTC
Exactly. Even with LN, the current 7 transactions/sec world wide is a joke, not even close enough to make this a viable solution. It's doomed to fail, unless they improve the onchain throughput rate. But if they do that, why do they need LN in the first place ?

calling this a joke as a newbie here in the forum will not gain you friends. Too many newbies have come here and repeated the "flaws" of Bitcoin design.
Looking at your posts seem to show a misunderstanding of how Bitcoin AND LN can work in the future together. You are looking with limitation glasses (the fees), instead of the options glasses. Your calcs are based on wrong assumptions (well, very limited assumptions to make it appear worse). It might even be that you do it with intention: to show that big blocks are better/faster/lower fees ... this is lame, and there is other forum pages. Especially as there isn't in any visible real value in these big block coins (yet). So be happy in your big block coins, and hope for the future. Those, who know better, stay with bitcoin, segwit, LN and more to come.

Maybe you might want to re-phrase into open questions, so the community can discuss/answer properly, and it helps the community to get along. Without separating between one or the other.
If you continue this way, your comments cannot be taken seriously, and as such don't provide any value.

It's ok to have criticism at anyone's post but at least tell me what's wrong with my 'assumptions' so that we can discuss it. Your post is rather useless as it is now, you're only saying that I'm wrong and need to rephrase things. It makes for a better discussion if you mention what you think is wrong. Thanks.