Quote from: Anti-Cen on January 20, 2018, 05:17:21 PM

Quote from: sjefdeklerk on January 20, 2018, 02:17:47 PM

This article was just posted, pretty much what I've been saying too: https://www.coindesk.com/lightning-network-may-not-solve-bitcoins-scaling-trilemma/

Thanks for the like and it says

Quote

Lightning developers are designing a routing facility that identifies which network nodes have sufficient funds to make a payment, calculates the shortest viable route to the payment destination across those nodes, and sends the payment. If this works, it would resolve the bitcoin trilemma.

This is quite logical and deal with inter bank movement of money between banks and if the software is smart it might even
enable more liquidity between the banks in cases where the ledger between banks has become exhausted because the movement
of money has all been in one direction and for all I know the banks could reduce the transaction fee being charged if they need to fill the
buffer of BTC back up to the top.

I have absolutely no trouble with this at all but anyone lending "sufficient funds" and charging a fee is a bank and will incur costs
as they make a profit from you the customer so lets call "Channels" lines of credit and hubs by the rightful name of "Banks" with
routeing being inter bank settlement which really become settlement with central banks much like the FED or BoE

Can no one see why I am screaming

YES I CAN. Yesterdays crypto rebels and pioneers are becoming todays pirates and profiteers. Greed and the lust for money and material things is the root of all evil. But if the masses participate in the LN and keep their own hubs online, then the banks will at least have some competition, keeping the network in check