The lightning network is comprised of bi-directional payment channels between two nodes. This means that either one of those nodes should be able to initialize a transaction at any time. These transactions require both parties to be actively participating in updating the smart contracts that keep the channel alive. If one party fails to respond, they are essentially in violation of the smart contract, and are forfeiting their claim to any of the funds in the channel.

Non-responsive clients are a liability to anyone opening up a channel. It means that their bitcoin may be tied up in the channel until the timeout period. That bitcoin was typically put there either to make a payment (which now is delayed), or to earn network fees for being a hub of other people's transactions. An unresponsive node means the channel is wasted. It's similar to a denial of service attack, except it's tying up bitcoin rather than bandwidth.

I feel LN clients Would they have to rely on third-parties to commit for them when they're offline. The success would depends on how much reputation the third parties have built to be trusted . I'm thinking users would at least have to trust them to commit transactions in a timely manner to invalidate past transactions, right? This to me seems an awful lot of trust put onto third-parties

 Lightning Network will surely go a long way to improve speed. When it first came to light it hosted its first successful payments, with developers spending bitcoin to purchase articles on Y'alls, a micropayment blogging site built for demonstration purposes by programmer called Alex Bosworth. I have been reading about it  and I know a guy, Bosworth separately used the network to pay a phone bill with his own bitcoin. As he tweeted in late December, “Speed: Instant. Fee: Zero. Future: Almost Here.”  Blockstream has also launched an ecommerce site selling t-shirts and stickers that only accepts Lightning payments. I see a great prospect for Lightning network

I quite agree with your proposition and the qualities one has to possess to be a good partner for a project. For me when the right partners make up a team the project will most like succeed. It is the right people driving a great project that determine the success of a project. That is why before I buy into a project I looked at the team that makes up the project before any other things because a lot depends on it. For instance the project I am currently involved in '#Merculet' is made of great team with great skills that has been garnish with years of experience. You can read more about the team and project through my signature as a practical example of what a great partner should possess to make a great team.

#Proof of ownership:

Telegram username:@danniwide1234

Twitter username:@Dannywide1

Twitter profile link:https://twitter.com/Dannywide1

Twitter retweet link:https://twitter.com/sedarecruitment/status/985506212828491776

The double standard we are talking about is not without a good reason considering the fact that bitcoin because of its decentralize nature can easily be use as a tools for money laundering.This is even made more worse because no government have direct control of bitcoin and you know those in power we naturally go against what they can't control. Government will always favour the banking system though it is the major tools used for money laundering because they are in direct control of the banking system through the various policies they established which the banking sector helps to execute.

Like all other form of scam, Bitcoin cheater can also be prosecuted with legal action so far you can trace the perpetrator of the scam beyond all reasonable doubt. The problem is that bitcoin because of its decentralized nature is very difficult to unmask the real person behind the bitcoin cheater. This is one of the pitfall of the world of cryptocurrency. That is why up till date now bitcoin cheater has not been prosecuted not because there is no provision in the law against scam in which it falls under but majorly because of the problem of putting a face behind the crime.

I love this project because of the great team and the wonderful project this great team is meant to execute. I believe this project will surely revolutionize the business world by providing platforms that enable them to achieve their goals faster. MVP solutions like: User Attention Value Network, Open Content Platform, User Attention token etc will surely provide the platform that will helps to build global entrepreneurs.

Making Bitcoin taxable is a good development because it will connote that in places or countries where this happen the government of such countries have accepted bitcoin and other cryptocurrency as a legal means of transaction and that will definitely contribute to the growth of cryptocurrency. However, I don't think it will be very easy to to tax bitcoin in this state because of its decentralized nature. This will be a major set back in the quest to make bitcoin and other cryptocurrency taxable. I believe in the future if a system can be developed to make every transaction concerning bitcoin traceable to a particular person then the issue of taxation will be a welcome development.

Your question is a bit ambiguous because for anyone to give you a good advice that you can used He will need to know the type of project you are talking about. This basic information is needed for the person to be able to know the kind of skills that is needed for the project and the people well suited for the project and also the place where they can be found. You can also do well by giving us the skill type you are looking for in people to make things easier. I think this bitcointalk is a good start to recruit the type of people you are looking for in your project because this forum is full of experienced people who can bring their wealth of experience to bear.

I have been scammed so many times and I must confess it has  been a painful experience. One thing I found out about all of these is that if it is too good to be true then it properly is not true. If I begin to share my experiences on how I have been scammed in the past you will both weep for me and say I am stupid at the same time. All of that have helped me to be wiser and make better investment decisions. Now before i do any investment be it offline or online I do my due diligence before investing. For instance like the presence investment I am in, I called it '#Merculet', a project that seeks to grow global entrepreneurs, The public sales is starting on 18th of April is an example of good investment I settle for after due diligence. You can read my signature for further information.

With the way the trend is going it will takes a long time for the their to be a general consensus by the countries of the world to accept bitcoin as a legal means of payment and have a common regulation policy that will direct the affairs of bitcoin and other cryptocurrency. I believe it can happen and when it does bitcoin and other cryptocurrency as we known it would have truly revolutionize the world.

I will not like to use the word afraid, they are just doing everything they need to do to stay relevant and still be in business. The world of Cryptocurrency has become a great competitors to bank that they didn't see coming. It is only natural to try everything they can to discourage people from getting involved in cryptocurrency and patronize them more. However noting can stop an idea whose times has come. Banks  can tap into cryptocurrency and use it as a platform to build their sector and in that case it can also becomes a win situation for them.

I don't want to believe government is furious just because they could not collect tax from transactions that involved bitcoin. To me the hostility of most governments to the development of bitcoin in their countries is based on various factors and tax could also be part of it. The way bitcoin and other cryptocurrency is structure right now it will be difficult for any government to be able to collect tax from bitcoin. The fact that it is a decentralized system makes tax almost impossible. However policy and regulations could be introduced that will make bitcoin taxable and also helps to solve many of the concern that has been raised by government as regards to bitcoin and cryptocurrency in general.

Day trading for me is far from fun. It requires skills, attention to succeed. It could be fun when the trade Is going for you but if is going against you and you are loosing a lot of money it is nothing but fun. In this bearish market we are experiencing day trading is not very advisable except if you are a day trader who is a professional in day trading. 

What's the current price of the altcoins compare to the ICO price you brought them because that will determine if you should hold or sell. As a rule of thumb for me, I never sell at loss. It is only weak hands that sell when price is below the price they brought. Definitely as you have rightly say when the price of bitcoin goes down that of altcoins also follow suit. I strongly believe bitcoin will still make that bullish run again it is just a matter of time... So the price of your altcoins will also rise to the target you have set if you can just be patient.

I want to believe what you are saying is;will bitcoin ever go back to $19000? I strongly believe it will surpass that price it is just a matter of time . Bitcoin to large extend will always determines the future of cryptocurrency and so I believe it will bounce back, it just a matter of time because cryptocurrency is here to stay. I will therefore advice if you have the money this is the time to buy bitcoin for a long hold because no matter what it will surely moon again.

It is natural to be emotional about the price movement in the market and so the statement, "handling your happiness to Mr Crypto Market" is largely true. Many people are definitely sad now that the price is low and they have brought at a high price already before this bearish run we are seeing. There are some that will be happy who knows that they can take advantage of this dip to buy and buy more knowing fully well that it is only a matter of time the bullish market will come again. One antidote of not allowing oneself to be controlled by this movement in prices is to only invest money you can afford to loose and not to be greedy.

Bitcoin was ban in China by the government because of reasons like; inability to control the activities of cryptocurrency, could easily be use as a platform for fraud, money laundering etc. The questions is can bitcoin be completely  banned in China? I will say it is possible since China is an independent countries and can do so if they deem fit, however I am more interested is will a complete ban actually be effective. I believe because of the decentralized nature of cryptocurrency world banning bitcoin completely will not be effective because the Chinese government lack full control.

I believe now is the best time to buy bitcoin now that the price is low because of its high potential despite the low market we are experiencing at this time. It is always good to buy at dip and sell at high. Bitcoin just few months away was more nineteen thousand dollars, I believe it will even surpass that in the future,all that's required is patience. This time is definitely a good time to  buy for long hold.

The safety of cryptocurrency depends on where and how it is stored. Keeping your cryptocurrency in centralized exchange and wallet where you do not have access to your private key is a recipe for hackers to easily have access. The owner of the cryptocurrency have a duty to ensure the safety of his cryptocurrency by ensuring he store or keep Is token or coin in wallet in which only him and him only have full access to the private key. He can do this by storing the cryptocurrency in cold wallet like ledger. He can also hold in decentralized exchanges or paper wallet. In summary the safety of cryptocurrency largely depends on the owner.