Quote from: Anti-Cen on January 12, 2018, 08:07:50 PM

Quote from: Colorblind on January 10, 2018, 05:19:21 PM

The only reason those coins seem to have no scaling issues is because they lack scale to have scaling problems.

Agree 100% and they can play around like ETH with block sizes or timing but the old steam engine will not
go much faster and scale.

Nothing at all wrong with block-chain but Lightning is a useless sticking plaster that looks like a scam
to me and I am far from alone in saying this and they can forget playing us along for a completion data
because it would only take seconds for the development team to put a quick fix in for the crazy fees we
are being forced to pay.

public static money MaxFee=1.50 // 20,000 is too many miners, those that don't like the rule are free to leave

I can only assume that the dev team have become greedy and are owned by the
bankers. See https://www.youtube.com/watch?v=UYHFrf5ci_g

Lets keep everything on the block and all we need is to use block-matrix to break the 200gb
of data down into a more manageable size and distribute that between nodes and yes it will
include some degree of centralization but no more than is being built into Lightning anyway

Already Bitcoin is full of scams so whats it all going to look like when half my data is on the
block and others parts are hidden away in private ledgers, do one thing or the other boys

The dev-team is simply trying to do this more professionally than increasing blocksize and risking decentralization long term. There could be some sort of fee cap? But then how do the miners who aren't generating the coinbase block get compensated?

If the idea of opening and closing time-bound payment channels becomes widely used by merchants and users alike, then there really isn't a reason that it won't work. Its already demonstrated on the testnet. I am positive about the difference that LN can make.

Could you elaborate on that block-matrix thing? One thing to keep it in mind that the payment hubs cannot steal your BTC. whether thats possible in alternate implementations or not?