This is a video any trader can relate to. Enjoy.
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- #27
- Edited 4:47am Oct 9, 2019 4:28am | Edited 4:47am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
What Is the Bitcoin Lightning Network? https://youtu.be/J4igz--40as
But the payments are not immediately spilled on the blockchain.
WTF, does that mean that later there will be more time and space to vomit those particular blocks on the main chain ?
Or those crooks are actually distributing mining to your own resources !!!
Ok, maybe will go easier to send later to the main frame, but only if it's a simplified balance final sheet between the two parties.
But that final simplified sheet doesn't contain the whole encrypted payment process... just the final result, or what ?!?
In case of dispute, the parties (big financial instit.) hold their own sheetty 'copy'...
But now, out of the main blockchain, someone's quantum computer can falsify a smaller block-sort-of-chain much easier ...namely your million bitcoin sheet!
Who guarantees for the true legit balance sheet of the both parties ?
Is it the Bitcoin Lightning Network Bosses New 'Government'... the payment provider, oooh!!! ...the new third party tax swindler, oh!
OMG, another oligarchs ???
Geee, even the Fed sounds better than that!
Sssst, can you hear how the block size increases ? Transaction throughput is getting closer and closer to the block size limit.
...
Patience, give it time!
I love how crypto maniacs are discussing sophisticated thorough technical details
...but they forgot they are only selling just tulip bulb contracts.
Crypto it's such a farce! It's so much fun, how can't we not like it!
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