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Re: [REVIEW] 3 Bitcointalk unsung heroes.
by
philipma1957
on 05/03/2022, 15:19:04 UTC
franky1's idea that staking an ln node makes btc a pos coin has some merit.

In a way it does make it a hybrid pow/pos coin.

As a miner looking to use mining profits to build solar arrays I fear the ln network could be harmful to mining.

Is franky1 a strong believer in his idea yes does his idea make some sense yes.

Since ln was created and implemented we have lost the over crowded mempool which makes rewards as high as 1 or 2 btc on a 6.25 btc block

and we are stuck in a 30k-70k slot.  I used to think having the huge reward times was a boost for btc price growth. That is now lost to us.

Time will tell if LN network stalls the growth of btc price. If it does then doge with the steady block size  but decreasing % of growth will proof it to be the better two coin.

I have a lot of thanks to both Danny and Franky for letting me think more about btc and mining in general.

JJG has made me do a $50 a day dca buy of btc I will continue it for this year.