Quote from: ETFbitcoin on August 10, 2018, 06:31:58 AM

Quote from: d5000 on August 09, 2018, 08:23:07 PM

But first we probably need a scalability solution, like LN or (or better: and) sidechains.

We already have the solutions, but it's far from ready/stable/user-friendly yet.

Yep, that's what I meant - LN is very much experimental, not to talk about channel factories ...

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But current Bitcoin community only interested on LN along with channel factories and Eltoo. Other sidechain/off-chain such as nimblewimble are ignored and the developer eventually make their own cryptocurrency for the development.

I think it would be better to base the scalability solution on many pillars, not only on LN. LN is definitively a cool technology, but a LN transaction hasn't all properties of an on-chain transaction. Sidechain transactions are closer to mainchain transactions. Ideally, they could be used for larger tx and LN for micropayments, being the main chain reserved for the really big and settlement operations.

The good thing, however, is that if the sidechain tech/MimbleWimble works, then nobody can hinder people to use it. However, if we concentrate too much on LN, and a critical vulnerability or limitation appears, this could seriously affect Bitcoin's value proposal. Most hodlers have big hopes on LN - me included - but if we had some serious research on other, competing technologies then in the case of failure we always have a fallback. If not, then Bitcoin would be viewed only as "digital gold", and I have problems with this vision, because I think a digital gold will be extremely volatile forever.

DEX are a nice technology to prevent price manipulation - here I fully agree. The missing piece being a "stable" currency which could be bought at such an exchange, to be able to move to it in volatile times.