Post
Topic
Board Bitcoin Discussion
Re: How Many Full Nodes Bitcoin Online ?
by
Wind_FURY
on 31/12/2018, 08:33:22 UTC
I am an L2/LN fan though. You seem to be not, it's ok.

i am not dead against lightning. i understand its NICHE. but i am a realist who is happy to be loud enough to inform people of its negatives and limitations. i dont like the false advertising "this is a fluffy unicorn solution that will solve everything" over promise that keeps happening
here are the devs themselves admitting LN has issues. limitations, complications
https://youtu.be/8lMLo-7yF5k?t=570


Like any other software development, it will have limitations. Bitcoin too can be viewed as a software experiment that could fail.

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as for lightning. calling it a bitcoin layer or a bitcoin feature is just propaganda sponsorship buzzwords to make investors think they are buying into bitcoin because a separate network is throwing the word bitcoin about ALOT(too often).

funny thing is like how blockstream throw in the word bitcoin to get investment.. but then try to downplay and say that the money they get from blockstream investors has nothing to do with bitcoin development
or how litecoin is bitcoins silver
or how circle is bitcoin service (though its actually a FIAT business)

LN is a separate network. if no bitcoiners used LN, LN would still function. as its a separate network that litecoin and vertcoin and other coins can already do and will continue to use no matter if bitcoin is popular or not.


Lightning is NOT a separate network. All coins transfered within those payment channels ARE Bitcoins deposited in a 2-for-2 multisig address that have their transactions recorded locally, for the time being, until the channel closes, and the final state of the channel is broadcasted on-chain like an ordinary Bitcoin transaction.

Stop gaslighting.

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research it. hint: chainhash
here ill even show you a few lines of code that LN is not a bitcoin feature but a separate network for different coins
https://github.com/lightningnetwork/lnd/blob/master/chainregistry.go#L580
Code:
litecoinMainnetGenesis = chainhash.Hash([chainhash.HashSize]byte{
0xe2, 0xbf, 0x04, 0x7e, 0x7e, 0x5a, 0x19, 0x1a,
0xa4, 0xef, 0x34, 0xd3, 0x14, 0x97, 0x9d, 0xc9,
0x98, 0x6e, 0x0f, 0x19, 0x25, 0x1e, 0xda, 0xba,
0x59, 0x40, 0xfd, 0x1f, 0xe3, 0x65, 0xa7, 0x12,
})

// chainMap is a simple index that maps a chain's genesis hash to the
// chainCode enum for that chain.
chainMap = map[chainhash.Hash]chainCode{

bitcoinTestnetGenesis:  bitcoinChain,
                litecoinTestnetGenesis: litecoinChain,

bitcoinMainnetGenesis:  bitcoinChain,
litecoinMainnetGenesis: litecoinChain,
}


What is chainhash?

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Roll Eyes