Post
Topic
Board Bitcoin Discussion
Re: [self-moderated] Is LN Bitcoin? franky1: About scaling, on-chain and off-chain
by
BlackHatCoiner
on 07/01/2022, 12:55:23 UTC
i clearly said that due to lack of consensus means LND's altruist watchtower is not the default policy regarding watchtowers
No, so what's bad about that?

oh, but it can.. as we have just agreed, the lack of need of a consensus, means that peers can happily communicate with many networks and with no other blockchain due to the lack of network wide audited policy.
By that reasoning, SPV servers' network doesn't require blockchain 'cause there's lack of network wide audited policy.

are you going to now flip flop about the lack of consensus.. ?
Depends on how you understand consensus. The current rigmarole that has started with you and my ban request is caused because we both have different understandings of the word “consensus”.

In the Lightning Network everyone does whatever they wish, they don't have to come into an agreement for their implementations. There are different sets of rules (different protocols), but each participant follows the same rules with their co-participants.

the ip/tor address connection.. and the subsequent public key, handshake does not lock peer partners to a specific blockchain. that public key and formation of joint multisig can be used on multiple blockchains, or no blockchain at all and just some private token they invent together. the lack of consensus allows this
Of course and they can. However, in LN it's not just an invented token. Each participant holds signatures which can be used to unlock outputs from the blockchain where there is consensus. Hence, the consensus of Bitcoin is connected with the Lightning Network.

if you cannot tell the difference. please look into it. dont confuse the two
I don't confuse them, I'm just telling you that whether you make a Bitcoin transaction or a Lightning one, in both cases, you carry a signature that can be used to move funds from the blockchain.

just because YOU dont use it for altcoins. doesnt mean the network cant
Didn't say the network can't.

just because you might only want to use a condom as a replacement of party balloons, does not mean thats its only function. other people have other uses of condoms.
Didn't restrict their use, stop making things up.