Post
Topic
Board Bitcoin Discussion
Re: Does Lighting Netowork really scale and for what cost?
by
franky1
on 02/01/2019, 20:38:49 UTC
those only getting paid once a month and only wanting to use bitcoin just to buy groceries to be delivered next day, can just use spv wallets. not everyone needs to be a full node and monitor ~2000 tx every 10 minutes if they are only personally involved in 1 tx a day/week

if you are a business NEEDING to be monitoring more than just a couple addresses. then you probably for other business purposes have your computers on a 4 year tax deductibles set-up where you replace equipment. and you probably hav a business internet plan. rather than a home user plan

As usual, your position is completely untenable.    


CAN vs NEED
eg to avoid third party factories in LN your will NEED to be a master node of LN
but you CAN just be a phone app spv user.

CAN vs NEED
eg to avoid third party services in  bitcoin your CAN do so still without the NEED to be a full node of bitcoin
but you CAN just be a full node user.
but you CAN just be a phone app spv user.

because you dont NEED to monitor the blockchain to send a payment on bitcoin if your just a single users the NEED for everyone to be a full node is less required, even to avoid third party services you do not NEED to run a full node

its the same thing as also mentioned in other topics. if bandwidth is limited its better if you can reduce the node connections to reduce your bandwdith usage as slow internet users dont NEED to have 100 connections to other nodes on the bitcoin network. and infact having 100 connections to other nodes on the bitcoin network is not helping bitcoin propogation/latency but actually hurting it.