/biz/ - Business & Finance

Anonymous Sun Nov 24 19:05:08 2019 No.16366156 [View]
File: 367 KB, 700x1000, 1573291799144.png [View same] [iqdb] [saucenao] [google]

>>16365418
Lightning network is not Bitcoin and is it's own can of worms. It was always designed to fail, it's literally vaporware/scamware that destroys not only the security model of Bitcoin, but also the economic incentive model of Bitcoin.

If you move transactions OFF the chain, you kill mining profits and the entire thing falls apart. And you are no longer a P2P network, you become a hub and spoke network where hubs need to become centralized and licensed money transmitters much like the banking network of today.

And then also it frankly doesn't even work.

LIGHTNING WALLET MISSING Anonymous Sat Nov 9 04:29:59 2019 No.16192006 [View]
File: 367 KB, 700x1000, turbochannels.png [View same] [iqdb] [saucenao] [google]

Guys I sent 0.1btc using Lightning Network wallet but its not showing up on my turbo channel. How do I spawn a watchtower restabilizator?
Also, why is BTC so slow lmao, didnt satoshi want it to be cash rofl

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