Quote from: franky1 on December 19, 2018, 09:19:13 AM

Quote from: ETFbitcoin on December 19, 2018, 09:09:21 AM

Most of you are wrong, since SegWit activation, maximum block ~~size~~ weight limit is 4 million weight unit (not 4MB).

Actual maximum block size depends on the transaction (SegWit or non-SegWit) and how big (in byte) is the signature or/and P2SH size (if transaction use SegWit).
4MB block size is possible, but only under very specific transaction format.

thats the wishy washy code, where devs pretend they have given the community 4mb space. but the reality is expectant to be around 1.2mb-2.1mb average while witness scale factor is limiting utility below 4mb

we still have not surpassed satoshi's 7tx/s calculation (600k tx a day) and he calculated that 8 years ago

I disagree since even developer/technical page mention this fact. Additionally we've surpassed 7tx/s, even though that depends on the kind of transactions (SegWit/non-SegWit, output/input count, script size, etc.) on block.

Quote from: franky1 on December 19, 2018, 04:26:10 PM

visa dont have multisig.. they just do straight peer-visa-peer. so using the peer-to peer and not the group-to peer

Because VISA is centralized, they don't need multi-sig. But for LN, it's simply impossible.

Quote from: franky1 on December 19, 2018, 04:26:10 PM

... deactivating BLOATING contracts

And how do we identify BLOATING contracts? Output locking mechanism on P2SH only use script hash and P2SH script only revealed when user redeem the transaction.