Post
Topic
Board Bitcoin Discussion
Re: Is the Lightning Network centralized?
by
hv_
on 17/06/2018, 20:51:00 UTC
You.  Are.  Not.  Producing.  8.  MB.  Blocks.

And you definitely aren't producing 32 MB blocks, which I understand is the new cap.

You're producing an average of ~50 or 60 KB blocks with a maximum threshold you've not come close to reaching.

so your worry about spam is empty. because there is no spam filling up every block?
funny part is any coin, even btc can prvent spam. simply by having a fee priority formulae re-established. that makes it harder/more expensive to spend fresh utxo that have not matured for long(low coinage/confirm count=expensive), that alone will solve people trying to churn through transactions by spending them as son as they are confirmed.

but anyway. btc has stagnated onchain. and all devs care about is LN so that they can grab peoples BTC using punishments and exsivvive onchain fee's to tempt them not to leave LN until thir channel is empty. or get kicked to a crap coin so the hubs can get all the btc.
typical banker mindset

Yes, I speak with a lot of bankers about Bitcoin and LN. They always identify LN as most interesting to enter this market since it is typical their business. Get prepared that if it is a thing, small and medium entities will not long exist.

Regulation is a thing here as well, so think of what bigger entities will pull to get smaller ones out of markets.