Post
Topic
Board Development & Technical Discussion
Re: Important Lighting Network reading- for everyone!
by
TheQuin
on 04/02/2018, 08:23:04 UTC
Answer: http://satoshi.nakamotoinstitute.org/emails/cryptography/2/

I didn't count Satoshi's words, I hope it is less than 500.

370 which was enough for him to get across his thoughts. You could learn a lot by his example.

Satoshi proposed a client/multi-server network ; we observe that bitcoin BECAME a client/multi-server network.  A client/multi-server network can perfectly scale, as Satoshi explained above.

It would be interesting to know if he still holds this view now or whether his thoughts have evolved along the same lines as those he handed the project over to.

But I think that the LN is not a payment network, and that payment is not a good application (like payment is not a good application for bitcoin either).

I would be surprised though if he had changed his mind as to why he created Bitcoin.

Bitcoin: A Peer-to-Peer Electronic Cash System
Quote
What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.