Quote from: f4 on January 11, 2018, 03:55:07 PM

Quote from: curt0 on January 11, 2018, 02:32:10 PM

Quote from: phuckit17 on January 11, 2018, 02:18:29 PM

Good Morning! https:/[Suspicious link removed]/7uAQx30Pin
Looky what I found:
ACINQ, Blockstream, and Lightning Labs announced that a release candidate for the Lightning Network 1.0 was READY along with a successful cross-implementation test on Bitcoin mainnet. Could you please share your thoughts on what impact this could have on the Bitcoin network in the long run?
Lightning Network will help Bitcoin and Litecoin scale. I'm very excited about this and looking forward to it being used by everyone very soon. Cross-chain atomic swaps will also make it very easy for people to interchangeably use Bitcoin and Litecoin.

Have a pleasant Day. Grin

Bitcoins Lightning Network Will Likely Fail Due To Several Possible Reasons
https://medium.com/@curt0/lightning-network-will-likely-fail-due-to-several-possible-reasons-336c6c47f049

Even with centralized payment channels and more regulation LN doesnt necessarily need to fail.
People will use the most established and convenient system.

https://www.youtube.com/watch?v=UYHFrf5ci_g

Blockstream refuted bigger blocks because they didn't want centralization.

Not only will LN be extremely centralized, it will be regulated by the government. Say goodbye to censorship-resistance, permission-less and trust-less. Without these, Visa is more "established and convenient" than LN.