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RE: Roger Ver Interview - Bitcoin, Hate, Jesus to Judas? Future

in #bitcoin7 years ago

Lightning Network uses payment channels and centralized hubs to route off chain transactions that are never truly settled until the channel is closed. This not only violates the title of the White Paper but Satoshi's vision of an economic system without the need for third parties. "Bitcoin: A Peer-to-Peer Electronic Cash System." Lightning Network disregards the peer-to-peer aspect of Bitcoin and for that reason is a fundamentally flawed solution.