Post
Topic
Board Bitcoin Discussion
Re: [self-moderated] Is LN Bitcoin? franky1: About scaling, on-chain and off-chain
by
franky1
on 15/01/2022, 12:58:45 UTC
And in the process he tries to diminish other people's knowledge, confidence and self-esteem by insulting,

Blinder than a blind man is the one who don't want to see.

I'm almost compelled to say this guy is autistic.
lack of social skills, they find quite hard to socialize and accept other visions and thoughts other than the ones of their own.They can't verbalize correctly and they often get angry/frustrated when they can't achieve their goals.
This person has all these traces.

hmmm. now should i bother to review the posts and look at who has mentioned the most insults..
but anyway funny part is that darkv0rt3x post had no content related to how LN works, or scaling bitcoin, yet was just a personal attack message.

oh well i now agree this topic is dead. seems people just want to talk about commitments of direct payments(not LN's niche) and not the LN payments(ln's niche of being able to pay different people)

seems LoyceV is not 'switzerland when he merits a post thats not ontopic and just an insult slam (hypocritical)


Bitcoin LN
you and certain people want to pretend everything in LN it bitcoin format, where you want to brand tag an altnet as being bitcoin.
I don't think we're going to (nor have to) agree on this Smiley I'd say "Bitcoin LN" makes it very clear we're talking about Bitcoin locked in channels that can be send through LN and later settled on-chain. You say it's not Bitcoin.
you might want to look at the current proposals wanting to be 'bolted' into protocol of LN and a few services already using the proposals in their own software. these are where channels create LN balance(msats) without a block confirmed pegged btc.
by this i dont mean they are pegged to a different blockchain transaction for msat payment smart contracts. this is making 'fake' channel, and sending 'funding_locked' messages on trust even when a transaction has not confirmed. where it does not even reference a utxo(txid and blocknumber) becasue it has no blocknumber yet. instead it uses random number for channel ID

as i said a couple years ago.. the pegs are not guaranteed and the promises are based on trust. even the devs involved with the LN proposal and its current usage in their software use the words "fake" and "trust" when describing the channel setup
reference to post on other topic baited by doomad.. (so dont get angry and upset that i responded with proof)
https://bitcointalk.org/index.php?topic=5380036.msg58991641#msg58991641