Quote from: Anon136 on January 26, 2019, 09:30:01 PM

Quote from: DooMAD on January 06, 2019, 02:17:26 PM

Quote from: franky1 on January 06, 2019, 01:42:04 PM

"trust minimalized"

lol im laughing

i think more people really need to actually research LN. its getting obvious who has actually used it and who is just repeating the propaganda promotion material

I've yet to hear complaints from those who have used it that the experience was like dealing with banks.
I've yet to hear complaints from those who have used it that it is a utopian fantasy.
I've yet to hear complaints from those who have used it that their consensus was bypassed.
I've yet to hear complaints from those who have used it that it is a separate network that supports more than once blockchain.

All that repeated propaganda material is coming from you.

But as long as we agree on the part where people should try using Lightning before forming their own conclusions, rather than simply take your word or mine for it, then that's okay. However, much like Bitcoin itself, it's only responsible to point out that Lightning is still not at the stage where it is ready for mainstream adoption. It may be best for most users to wait a while before taking the plunge. It's also important for users to learn about the differences between sending transactions via LN compared to the standard way of transacting before getting involved. The security model is different. Lightning is still beta software. Users should experiment with only small amounts of BTC, or other compatible cryptocurrency, until LN is more mature.

Honestly, for all it's flaws, it's amazing that someone managed to figure out a way to leverage bitcoins distributed consensus model and create a scaled up product that conserves many if not all of the fundamental aims all while leaving the genuine artifact entirely unmolested. Oh and do it all without bifurcating the currency supply! It's mind boggling.

Plus Lightning has increased Bitcoin's utility by a thousand times by making it possible to transact to the "millisatoshi" level, a thousandth of a satoshi, and without changing the basic parameters of the Bitcoin network.

franky1 believes it's an "abomination" though. Haha.