Post
Topic
Board Development & Technical Discussion
Merits 3 from 1 user
Re: Do you think the Lightning Network will succeed?
by
pooya87
on 03/01/2022, 08:59:42 UTC
⭐ Merited by titular (3)
[segwit]  That isn't scaling that is trying to remove information from the blocks.
Maybe you should first educate yourself about these changes and learn that there is nothing being "removed" from the blocks before you can criticize them.

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Last I checked transaction fees were still $2.50 and currently bitcoin volume is very low.
You just contradicted yourself without knowing it Wink

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Dozens of blockchains have proven you can 10x + bitcoin's blocksize and have no issues whatsoever. 
And last I checked they were saying ethereum is x times better than bitcoin and the main dev Butering was promising fees would never ever in a million years surpass 5 cents. Now people are paying $80 for fees.

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To me the only question is, how much pain is the community willing to tolerate before they finally scale?
We are, as we've always been, open to proposals but all we see, like always, is uninformed people using buzzwords.

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Right now we have already lost 63% of the marketshare of crypto and counting.  Maybe when bitcoin falls to #2 people will reconsider things.
When the ranking is arbitrary, it doesn't matter where bitcoin stands. In fact dropping to #2 or more is a good thing for the whole market since it would kill the fake ranking and eliminate the shitcoins that gained such big pumps.
We saw signs of such revolution when bitcoin did drop to #2 briefly a couple of years ago when a shitcoin produced a huge supply and slightly pumped to gain a massive market capitalization. Some people realized how fake MC is and how it has nothing to do with marketshare or market dominance...
but apparently not everyone...