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How The Banks Bought Bitcoin | Lightning Network

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How The Banks Bought Bitcoin | Lightning Network
Finestnews posted in Community 2019-09-21T12:46:55.1830000


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francis105d1 - commented  2019-09-22T11:25:14.3900000

And the big blocks debate is close as well, because with $200 I can run a node at 32mb for more than 1 year.


https://m.youtube.com/watch?feature=youtu.be&v=sbD0kiTddEs

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fervi - replied to @francis105d1   2019-09-22T16:46:21.8730000

Not really, technically BCash still have 2MB blocks. This is because miners didn't upgrade their code

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Zelgada - commented  2019-09-21T21:19:19.0300000

Except - this is completely incorrect and wrong.  It's not even close to correct.  WTF is this crap.  It's saying things happen which didn't happen, and that banks will have LN nodes.  It's so ludicrously wrong it's not even funny.  LN nodes connect with anyone and can not be censored.  This is so ignorant.

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francis105d1 - replied to @Zelgada   2019-09-22T11:09:23.0470000

That is not true a node on ln can be prevented from being part of the network, on chain the network leaves you only if you are not in consensus but in ln if I name my node Roger Ver you can choose to not connect to my just because of my node name not because of consensus.

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Zelgada - replied to @francis105d1   2019-09-22T11:17:24.2370000 edited 2019-09-22T11:17:42.7070000

No.  A node can not be prevented from joining the network.  They are also anonymous.  Where did you hear that nonsense?

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Zelgada - replied to @francis105d1   2019-09-22T11:18:48.4770000 edited 2019-09-22T11:19:10.0270000

Also, since payments are onion routed, even over tor, no intermediary can censor payments either.

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francis105d1 - replied to @Zelgada   2019-09-22T11:29:12.8170000

Lighting Network and segwit may bring the future of Bitcoin but Bcash is a well argument coin little by little is showing that scale on chain is possible without centralization, that is a fact. Meanwhile LN has been promised 1 year and half ago. I wonder how will this will end. Since no one can know the future it is a good financial advise to hold both

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Zelgada - replied to @francis105d1   2019-09-22T11:36:23.9870000

Bitcoin cash has not demonstrated scaling.  It has 1/10 of the transaction volume of BTC and most of those non financial.  They couldn't even succeed in a stress test.  It has has not demonstrated decentralization and trust since it can be censored and miners and Dev is centrally controlled.  It lacks the fundamentals of Bitcoin. It implements dangerous block locking and zero conf.  I can go on... Lots of risks to anyone using Bitcoin Cash.

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fervi - commented  2019-09-21T16:18:38.9200000

It's BCash channel.

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