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9535690 No.9535690 [Reply] [Original]

>> No.9535709

>>9535690
If it works the problem of scalability is solved and crypto will take over the world. If it works.

>> No.9535747

>>9535690
It's a great idea. If Blockstream is able to connect their LN with a hosted database they can take all transactions off the chain.
Imagine how fast it would be. They could set the fees to a static 3-5% and then everyone could use the new BItcoin.

>> No.9535751

>>9535709
Those fucking faggots using the term ‘Liquid’ too bad my man Mike Kayamori already stole Liquid.com

>> No.9535810
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9535810

>>9535690
I consider a very hazardous rube goldberg machine.
>Locks everyone's funds up in Segwit addresses which can potentially be stolen in a 51% attack where the miners can steal billions instead of just double spend (Just repeating what I heard from Craig)
>Untested and requires users to keep a full node running 24/7 to have funds, "hack me dude" written all over.
>Is objectively 100x more centralized than even some of the bigger shitcoins
>ddos of nodes can lead to bank runs with fees skyrocketing as people try to leave (or get back in), leading to chain death spiral as the coin crashes
>is objectively unintuitive and objectively not Satoshi's intended use of Bitcoin
>literally CAN NOT scale globally for 100 years without a single node running basically everything, meaning either:
>a blocksize increase that shows that the bcashies were right and that blockstream are retarded
>BTC crashing because people realize that its forever been hijacked

>> No.9535826

>>9535709
It's already out...

>> No.9535898

>>9535826
Lightning me over some BTC. Light me up some BTC. Light that BTC. How you say it?
I'll say it like 'everything except BTC accepted' on my invoices.