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.
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.
No. A node can not be prevented from joining the network. They are also anonymous. Where did you hear that nonsense?
Also, since payments are onion routed, even over tor, no intermediary can censor payments either.
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
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.
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
Not really, technically BCash still have 2MB blocks. This is because miners didn't upgrade their code