Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: Is the Lightning Network centralized?
by
Wind_FURY
on 11/08/2018, 07:37:13 UTC
Quote from: hv_ on August 10, 2018, 05:59:06 AM
Quote from: Wind_FURY on August 10, 2018, 05:31:25 AM
Quote from: d5000 on August 10, 2018, 12:29:55 AM
Quote from: pooya87 on August 07, 2018, 04:01:54 AM
but there are a couple of problems with that.
- BCH was created solely because their views (at least what they pretended) was that bitcoin should only be used on-chain and there should be nothing else. adding LN or something like LN with a different name would be proving their true reasons for creating BCH: taking over bitcoin
"Taking over" Bitcoin - or better: "achieve the leadership in the cryptocurrency sphere" is something I think every single altcoin community out there is pretending. And in our system, there are all the incentives for that.

Now BCH is also an open source project, and if one community member decides to implement something like LN, then nobody can stop him. I am however not very interested in BCH (but I also don't feel hate against it, why hate an open source project, maybe with the exception of a "wiki gun" project or so?) and thus I don't know if the decision to implement LN is supported from their "core" development team. If they implemented a malleability fix, it's a clue that this may be the case.

Then I believe it would also prove that the Core developers of Bitcoin made the correct design decisions all along. The Bitcoin Cash community did not need to hard fork from the main chain. Bitcoin also does not urgently need bigger blocks now like many of them said 3 years ago.



That is where we differ, BTC does not need it any more (today) because many txs happens on other chains

BCH wants them all in the end, and in such a manner, that there is never such a congestion than we had in 2017 in BTC.

Bitcoin is about electronic financial solution, a system for electronic cash and of electronic store of value if you want to highlight that in a separate sentence...

Bitcoin is a medium for censorship resistance for me than a "financial solution" for an electronic cash system. It's not an insignificant consumer payments product, but an independent financial system that should be kept secure, efficient and decentralized.

If Bitcoin Cash wants to re-enable and add new OPcodes and increase to unlimited blocks, good. But leave Bitcoin alone. The Core developers have been doing a great job by being conservative and careful.