Post
Topic
Board Bitcoin Discussion
Re: How Bitcoin was hijacked and centralized
by
philipma1957
on 18/07/2020, 15:09:19 UTC
BTC will never scale.  it now does  300,000 transactions to 500,000 daily transactions = it will never scale up. It is much better for large value movements. Much like a 10,000 USD bond.

I'd say don't sleep on Lightning or layer 2 solutions in general. They're definitely not in their best form right now, but there's definitely progress.

If you get those solutions to work I will be impressed.

But read my signature I am much more down with a multiple coin solution then Lightning or layer 2.

I feel that Lightning or layer 2 will not work fairly for miners.


"The original idea was turning power into coins"

If Lightning and Layer 2 fully is worked in I feel miners will be all industrial.  All large scale which is not what I see as best.

If it where best the world would work well and it sure as fuck works like crap for 99.5% of the people.