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RE: Bitcoin Lightning Network Explained Simply

in #bitcoin7 years ago (edited)

Naw i disagree with you. I believe there's a limit to how big blocks can be. I also saw the lightning network can be more decentralized by a strict regulation protocol that lets all bitcoin pass and can't be blocked. Also anyone can run a LN node and it could be a way for nodes to earn money thus not reducing nodes. About the issue of their party well it not we are going to be running bitcoin nodes so we are all dependent on their party from the start. And also third will be mini block explorers for the LN broadcasted by nodes. Is it the best no, is a way to go in the future i believe so. Big blocks are not the full solution again I personally like big blocks and the lightning network both. Big blocks if you want full transparency for exp big transactions for the fees won't be much different than using LN and small microtransaction for LN.