/biz/ - Business & Finance

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LN is flawed without bigger blocks Anonymous Wed Aug 23 06:59:49 2017 No.3177757 [Reply] [Original]

Opening up a payment channel on the LN first requires on chain transaction. What will be the course of action when the mempool is inevitably clogged again when the Segwit capacity upgrade is no longer enough? Segwit will allow for 2-4mb blocks, which in the short term will mean a clearer mempool and cheap LN payment channel fees. But what happens when the network gets conjested again with the large influx of people flocking to Bitcoin, what will be the plan then? Both LN payment channels and on chain transactions will be through the roof.

>>	Anonymous Wed Aug 23 07:01:43 2017 No.3177764 File: 121 KB, 1187x324, shit.png [View same] [iqdb] [saucenao] [google] ...

>>	Anonymous Wed Aug 23 07:04:29 2017 No.3177787 wow... thank you .. going all in

>>	Anonymous Wed Aug 23 07:04:46 2017 No.3177788 File: 203 KB, 1872x1872, S15iNdqD.jpg [View same] [iqdb] [saucenao] [google] >>3177757 THE PLAN WILL BE BITCOIN CASH

Anonymous Wed Aug 23 07:05:19 2017 No.3177796

125/5000
bank vypuskayet dolgovyye raspiski na bitkoyn i obispechivayet set' dlya bystrogo obmena takimi raspiskami s minimal'noy komissiyey
The bank issues debt receipts for bitcoins and operates a network for the rapid exchange of such receipts with a minimum commission

Anonymous Wed Aug 23 07:08:47 2017 No.3177814

1. Take your BCH
2. Fund a company to sell physical BCH and store them into your newly crafted physical coins.
3. Put your coins in your chink ass and scream loudly (protip: use rough border for your coins)
4. Shit the coins 1yr from now and convert to BTC
5. Enjoy your 50 sats

>>	Anonymous Wed Aug 23 07:11:56 2017 No.3177833 >>3177757 Lel lightning will make btc able to make 1000x transactions anon Bigger blocks will come when they are needed internet structure will be better then

>>	Anonymous Wed Aug 23 07:26:47 2017 No.3177949 >>3177788 KEK HAS SPOKEN

>>	Anonymous Wed Aug 23 07:31:43 2017 No.3177993 >>3177796 https://wmx.wmtransfer.com/

>>	Anonymous Wed Aug 23 07:55:39 2017 No.3178202 >>3177788 I want fuck. Any ideas?

>>	Anonymous Wed Aug 23 08:02:01 2017 No.3178256 File: 453 KB, 763x1065, 1503225428311.png [View same] [iqdb] [saucenao] [google] >>3177764 You again? Still not jumped in front of a HGV?

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