Post
Topic
Board Development & Technical Discussion
Re: Important Lighting Network reading- for everyone!
by
nQuant
on 03/02/2018, 05:09:06 UTC
1. So Lightning Networks are like few dedicated nodes with fast network?
2. Node still has to rely on those Lightning Network participants ?
3. Isn't the idea behind node connecting to nearby peer is similar ?
4. Or its more about the contract protocol than the network making it faster ?

Sounds to me just marketing gimmicks. If really want to make it faster and better reduce the avg block mining time, reduce difficulty so that more gets leverage of mining blocks faster rather than giving it to handful giant mining setups and importantly help reduce electricity and save nature.  Kiss

Edit -
To add to this, with respect to communication better change will be Voting for best nodes by their uptime/network latency, higher voted nodes gets rewards and are discoverable by some means like torrent peers. This does not require bringing whole new terminology to entire bitcoin networking paradigm.