Post
Topic
Board Altcoin Discussion
Re: Bitcoin (Cash) > Bitcoin Legacy
by
xskl0
on 13/01/2018, 12:56:45 UTC
Sorry sir, what you try to say here ? your post tittle sound confusing, and i allready read that bitcoin whitepaper long time ago when im still in highschool

Bitcoin Legacy's LN will work as a centralized network, total lost of anonimity, lost of the control of the coins (unless if you can pay 5000$/transaction of fees and transact on chain), Segwit adresses are less secure than original adresses.... Basically any banker's wet dream.

Don't get fooled, Bitcoin Cash is the real Bitcoin and if Satoshi is alive will dump their Bitcoin Legacy at any moment.

This sounds so funny that I just need to hear some more. Please amuse me and answer me how on earth the lightning network will make bitcoin more centralized? Increasing block size is definitely making bcash more and more centralized, because it makes hard for users to run full nodes, so I really don't understand your argument. Also you just cant compare the efficiency and performance the LN will have, compared to the on chain solutions bcash is implemented. The only big plans I hear do bcash is to increase block size over and over again, making it extremely costly for a normal user to run a full node on their normal laptop. They only go for the short term development and that doesn't not work for me.
First of all nodes are the less relevant part of the network but every year pendrives are bigger and cheaper so will not be a problem.  At the moment when Bitcoin is used by billions of people everyday then open a Lightning Channel will just have a extremly high cost that only some big companies will pay and they will track their users like Bitfury is doing right now. Bitcoin (Cash) can scale to billions on chain, sounds incredible but we are just following Satoshi's path.