samsung wont include ANY blockchain
samsung wont include ANY cryptocurrency node software

samsung never claimed to offer the opposite of above

samsung WILL include a special encrypted memory chip allowing a special place to store sensative data such as private keys, and this means any private keys. including bitcoin

instead of just reading the title of forums, or media stories. people should try researching.
hint: samsung knox

so with mindset today about BITCOIN. can you now see why LN is not the thing that you should be hoping for. over promoting. salivating over with your chums
LN = CO-SIGNED control
LN = payments only made if people involved are online
LN = locking up value into a timelock someone else prefers
LN = having to get others agreement

essentially LN does not fit the same priorities, ethos of bitcoin.

your not reading are you.

PRICE is not the BOTTOMLINE VALUE

again imagine the sea.. sealevel(bottomline value).. waves(active price)

 /\       /\
/  \/\/\/  \
mining does not indicate the diagonal lines.
mining does indicate what level the horizontal line of bottomline value lays
the price is speculative . goes up and down, its temporary drama. .. so forget ever trying to use mining to guess the next spike. forget trying to predict the next ATH

use the mining market dynamic to know when the next LOW is the ultimate LOW value. the line which gets built up OVER TIME where the community eventually come to a point where even the last person willing to sell decides enough is enough its not worth selling for less. that LOW is the BOTTOMLINE value

the first 3 quarters of 2018 the BOTTOMLINE VALUE was $5800.. even when the PRICE was volatile
no one in the first 3 quarters of 2018 sold below $5800..

in august/september i was HOPING that the 4th quarter would see a rise in hashrate which would cause a snowball effect where peoples costs go up so people would decide never to sell below $6k, and thus put pressure on the PRICE to steadily rise as a consequence(stay above $6k and not hit $5800 again))

but the hashrate went down in october. pools closed(BTCC) so the remaining pools got an extra large slice (more coin share) pools were also selling off old gear(more coin) so they became happier to then sell below the $5800 as a consequence of less hashpower less costs thus able to profit at a lower sell price.

again hashpower WILL NEVER be a indicator for the next ATH spike. so please stop trying to find a link between the hashrate and the hourly/daily PRICE vs mining.
look at the LOW over a period of time

if you do mining costs calculations.. and by this i mean the CHEAPEST mining costs. you will find the COST point of acquisition meaning you then know logically the lowest price people are rationally happy to sell down to before saying its not profitable to sell right now. and you will have your LOW bottomline market value.
if you chart it out. you will see (DYOR)

ok. lets view it another way.

stats say people on average save up $24k fiat bank savings .. lets call it 21k for easy math
bitcoin will have
2100000000000000 sharable units

now lets say a 'bit'(100sat) was $1
$21,000,000,000,000.00
thats $21 trillion
or enough for:
1,000,000,000 (1 billion people to put their whole life savings into bitcoin)
or if they are smart investors that dont put al their eggs into one basket
10,000,000,000(10 billion people putting in 10% of their life savings into bitcoin and obviously diversifying the other 90% into other assets)

which. if this was done where $1 =100 sats(a bit). then 1btc=$1m

do you know there are only 185,000 units of gold in the world.
i know crazy right.
185,000tonnes. thats it. end of

but gold can be split up into kg, grams
but gold can be split up into ounces

bitcoin can be split up into 'bits' and 'satoshi's'

its like pizza. you may order only 1 large pizza. but it is sliced up so that more than one person have have a piece of it

elwar
as always. concentrate on describing how your project deals with utilities/sustainability
anyone can build a pod.
but a pod thats self sustaining and has utilities is different

its like land property. anyone can make a garden shed. but build one with its own electric supply, its own internet access and its own functional toilet. shower/clean water supply is totally different

a sea stead.. like a land based homestead is not about  the 'sea' part. its about the stead part.. the livability and sustainability.
so
clean water
sewerage handling
electric for more than just a laptop, fridge and nightlight(remember techy's love to use electric,) so dont sacrifice by saying mini fridge and raspbi are essential for restricted electric. think of a living situation where people can be actually comfy with music playing, online gaming on a 42"tv, cooking pizza and having lights on all at the same time

questions:
1. does the railing/metal frame on the roof have adequate square footage to mount enough solar to cover REAL COMFORT living
2. internally, with space for a living room, kitchen, and bedroom. is there also room for storage of clothing, gadgets. and then more importantly. the mechanics of electric circuits, water treatment, sewerage handling,

living like a thai monk in a minimalist pod might be ok for a month experience but average joe want thier home comforts

to explain point 2 in simple form its more about having pre connections of users who have connections to other users. if enough users are pre connected. you dont need to make a new connection to starbucks. but you just have to hope that those on the route of the connections already made, have funding and willingness to play the hotpotato game to pay the desired destination on your behalf

so imagine. even before thinking about starbuck
you are one of the green circles

u connected to the red..
red conncts to yellow and so on
imagine starbuck store in your area is one of th blue circles.

so although starbucks only has one connection direct(its nearest red) it is indirectly connected to 39 people.

you dont need to shift around and make a new deposit and new channel with a blue circle directly.
you can just hope your nearest red is online so your able to pay the red node,
hope the red node can pay the yellow node(hoping its online and accepting of the deal),
hope the yellow node can pay the purple node(hoping its online and accepting of the deal).
hope the purple node can pay the other yellow node(hoping its online and accepting of the deal),
hope that yellow node can pay the red node(hoping its online and accepting of the deal)
hope that red node can pay the blue node(hoping its online and accepting of the deal)


thus all fair and equal. if everyone happy to do so. the balances adjust as such, things get signed. and then starbucks treats it as if the funds it got from its nearest red, were from you(technically they werent) but its all about naming who credited the payment at the start

another way to imagine it.
imagine a channel is you and partner where you have 0.010 btc and your partner has 0.010btc
ergo
you[0.010:0.010]partner
and if you wanted to pay say 0.005 it would for this demo look like
you[0.05:0.015]partner
where your partner now has 0.015 and you only have 0.005
..
ok so at the beginning a route from green to blue would look like
green[0.010:0.010]red[0.004:0.016]yellow[0.011:0.009]purple[0.010:0.010]yellow[0.010:0.010]red[0.010:0.010]blue
and you want to pay 0.002
so each payment goes through each node like this
green[0.008:0.012]red[0.004:0.016]yellow[0.011:0.009]purple[0.010:0.010]yellow[0.010:0.010]red[0.010:0.010]blue
green[0.008:0.012]red[0.002:0.018]yellow[0.011:0.009]purple[0.010:0.010]yellow[0.010:0.010]red[0.010:0.010]blue
green[0.008:0.012]red[0.002:0.018]yellow[0.009:0.011]purple[0.010:0.010]yellow[0.010:0.010]red[0.010:0.010]blue
green[0.008:0.012]red[0.002:0.018]yellow[0.009:0.011]purple[0.008:0.012]yellow[0.010:0.010]red[0.010:0.010]blue
green[0.008:0.012]red[0.002:0.018]yellow[0.009:0.011]purple[0.008:0.012]yellow[0.008:0.012]red[0.010:0.010]blue
green[0.008:0.012]red[0.002:0.018]yellow[0.009:0.011]purple[0.008:0.012]yellow[0.008:0.012]red[0.008:0.012]blue

where by your funds are technically still locked in with your nearest red and the other participants used their own funds in their own channels. and blue(starbucks) just gets told payment originated from you.

as you can see though if you look closely. the pitfall of LN is that the channel you have with red, shows that red can only make another 0.002 payment to its yellow. meaning if you wanted another starbucks. or one of the other greens did or even if the red themselves did, they only have enough value left that only one more payment of the same amount can be handled before red runs out

so even though you still have 0.008 spare to make 4 more payments of same amounts. red cannot honour or be part of routing it for you. meaning at somepoint either red has to drop out, refill its channel or you have to make a new connection with someone that can route to starbucks

took 18 messages to achieve it.

meanwhile real bitcoin can be broadcast to a pool in a single message

its more like in 2009 bitcoin started off with CREATING 50 new coins for every block solved. which every 210,000 blocks(~4 years) the reward halved.
this in human terms means roughly ever 4 years the reward goes as follows
50coins each block for 210,000 blocks
25coins each block  for 210,000 blocks
12.5coins each block  for 210,000 blocks
6.25coins each block  for 210,000 blocks
and so on. until the decimal(satoshi) level is so small it cant be halved, which will happen in the year ~2140
adding it all up means that roughly but not exactly 21mill coins would have been created by ~2140.

as for the tx fee. this was a later after thought as a way to deter spamming blocks with thousands of transactions of useless utility. by making it cost something to add a transaction to a block. the fee's are not creating new coins, but spending existing coins. thus at the moment pools can create 12.5 coins for solving a block and as a bonus get X existing coins for adding transactions to the block

and to clarify the topics mis understanding about the block timing/difficulty adjusting
the technicals is more so that there is a rule in which every 2016 blocks, if made under or over 2 weeks. the difficulty is adjusted up OR down to try to keep 2016 blocks being mined per fortnight.. which then using maths(to visualise it more simply) works out as ~144 blocks a day or 1 block ~ every 10 minutes.

its not a rule based on 10 minutes that then gets calculated out to a fortnight. its more a 2016 block rule that gets adjusted to stay inline with a fortnight which then (purely for human visual)calculates down to ~10 minutes average.

decentralised consensus
(not to be confused with distributed compatibility)

decentralised consensus is about diverse independence of opposing views finding something they can agree on without needing a single point/leader deciding for them (research byzantine generals theory)

JPM is a national bank. meaning it has to adhere to strict legal tender laws of only promoting dollars. JPM wont be seen selling baked beans at it bank teller counter. nor would it be selling dildo's. its business model has to stick to fiat.

JP morgan have always been like this.
its nothing new
they closed accounts related to medical cannabis retailers. companies in the sx industry even places that just sell condoms..

so its none-news.
also banks dont suffer due to bitcoin. when on person buys bitcoin from another. the FIAT never actually gets burned/evaporates. all that happens is it moves bank accounts. from buyer to seller.
financially bitcoin is just the same business as selling an iphone. funds move from buyer to seller.

however banks do have a headache in regards to SARs reporting and the bureaucracy of investigating and KYC stuff. so with so much drama around american regulations requiring extra due dilagance and identifying those involved. and the reluctance of bitcoin businesses to disclose information about their clients. its easy to see that headaches emerge.

much like for instance kraken, using JPMC as an account not for exchange trading. but for paying staff salaries. normally fine for normal business.
but with kraken being a MSB and staff saleries resulting from profits of krakens exchange. you could see how JPM would have headaches trying to KYC/AML the funds going into kraken salaries account coming from the exchange account. and then paid out to staff. all while probably kraken wont wont to disclose the origins of the funds from the exchange account. thus headaches in regards to AML

but here is the ultimate lesson.
if your playing with fiat. follow fiat rules
if you dont like fiat rules dont play with fiat.

bitcoin is a option to store funds in a way that a bank or other party cant tell you what to do with your funds
(hense why i personally detest LN, as its a multiparty concept requiring co authorisation and participation of others to decide if my payments get processed.. just like banking)

so best option if you want to sever ties to fiat. dont handle fiat. get your staff to accept salaries in bitcoin and then get your staffs local shops/landlords to accept bitcoin. thus avoid fiat.. as that was one of the early aspirations of bitcoin before the flip from bitcoin innovator to fiat investor around 2013

as for how if there is a hash power rise. windfury cant see that it can cause the markt to follow.. its easy.

when hashpower rises. it costs more to mine bitcoin.
so people decide its not as cheap to buy coin OTC from miners. and instead buy on the market.

buying on the market=price rise
eli-5 enough?

ok so lets look at that chart of december the 18th to february 14th

i can only see a 20% change throughout the entire period (38exa to 45exa)
i wouldnt call 20% over 2 month "massive"

funny fact.
i went and checked on the last 12 months of changes.
and the average difficulty change per fortnight was 5-6%. so 5 difficulty jumps in th december-march period of that graph. sems to be ontrack with normal progress
 

also the 2 circled elements. 42exa-44exa  was not dramatic. but even so. if you follow the red arrow.back and read the red writing
it seems that it says how the market was being manipulated because "we had hashpower spike THEN price spike"
what it doesnt say is "market then hashrate"

to me, trying to keep things realistic. i feel there is over use of "massive" and "spikes". and its just normal daily fluctuation drama. thus i wouldnt even try using as ammo to prove my point even if the proof was wrote in red writing.

but hey. im more about the sustainable support that growth can be found. not the temporary drama certain people are looking for hence i didnt put any emphasis on the charts, until windfury after 2 posts poked at them.. but didnt actually read the chart

anyway.
the mining:market dynamic has ben a known fact since 2010. even the likes of hal finney pointed it out. as have many over the last few years.

but it must be mad clear its not about using as a crystal ball to be a trend anal for the next ATH speculative price drama.
its just a good measuring stick guide for the long term lows to know the baseline that prices should settle to once all speculation subsides, thus giving a good support area for what is deemed as the value of bitcoin people are reluctant to sell below as thats where it really cuts into majorities(serious peoples) costs if they were foolish to sell below

should the OP have actually done some research, which would have persuadd my opinion that maybe he was less fuddy.
he would know about how mining farm operations work to know enough so that the so called job he applied for would have given him a chance. but the stuff said in the OP seemed more echoy of reddit drama. than actual real life experince

also bitmains employee cull was not removing loads of its permanent staff, but just ending the contracts of temporary staff only taken on temporarily to cover certain tasks that needed to be achieved.
(hint: check employee numbers last year vs this year.. nearly the same. apart from the influx of temp staff in the middle that were let go, after their temporary projects where finalised)

much the same as how retailers reduce over half their staff each end of winter once the christmas/post christmas sales rush subsides where the staff numbers affected are mainly the 'christmas temps'

anyway i do agree that diversity in the industry is good and that there are competitors. but its a shame that the competitors prefer to not be as smart and instead do social games to play down their own issues and then try to suggest their own faults apply to the successful competitors.

i really do find it funny that BTCC which was a big name and a big advocate for segwit, never actually went on and used segwit for its own coin rewards. and eventually just slipped into oblivion after their own IPO with DCG

but the op of this topic seems to be getting more of his info from reddit FUD scripts rather than real research or first hand info which made me doubt his actual story of his top post. it just seemed too reddity. and not so much factual

do a word count on people like doomad and his chums in regards to insults and you will see who is more rude

i admit i am not a over the top optimist who snake oil sales a roadmap by a certain group
i admit that i dont kiss peoples asses.
but i speak my mind. and many people actually prefer a realist discussing opposing thoughts rather than just hearing the empty echo's of those that just want to drive a certain narrative forward to suit a plan to make bitcoin infrustructure look bad purely to sell the promise of a separate network thats not even a blockchain, thus does not even belong in this arena

to me, my posts should be judged on the context and content of my opinion, not the comfort. because in my mind thr is already too much ass-kising in this forum to balance the forum.
those that want comforting messages and kisses and hugs can go to social media

but hey. if you dont like my tone. there is always the ignore button.

concerning the doubt of private handling of the real goods, in regards to how to ensure a barcode on a box of banana's can be messed with in the physical world while a blockchain is just data.

the shipping companies would only get paid if they actually deliver the goods requested. and as such if there was something not quite right about the physical box of banana's that does not match the blockchain data. then the nxt tx that shows the pass over from one depot to the next depot would take the banana's out of the blockchain and treat them as bad batch or stolen goods or defective product.

so keeping a precise inventory of a freight container is not just about data on a blockchain. but also the depots scanning barcodes and quality assurance checking the goods on the container. thus preserving the data represents the real bananas

so for the end destination retailer that is paying for the goods. if he does not get them. he does not pay shipping. so basically the shipping companies would need to stay honourable and follow the rules, else they wont get paid.

thats the whole symbiotic relationship of consensus and blockchain. everyone agree's and checks else if something goes wrong the data is rejected. so its in everyones benefit to play by the rules rather than try messing with your own data thinking they can game the system

its like mining. there is no point a miner(shipping)messing with data of a block or messing with an asset(banana). if the end recipient(retailer) does not accept what is in the block follows the rules. as they can just reject the block. and as such those collating the data and asset(shipping) wont get the reward(payment). thus no point the miner collating data(shipping) mssing with data or assets

...
as for why blockchain.
world wide shipping involves many companies. and this makes it expensive to have a central database with multiple access points where any employee from any company could edit the data. so auditors, security guards, hr departments build up alot of pen-pushing admin staff.. by having it as blockchain you dont need all th staff to monitor access to the data, as the data is self securing by its distributed and community auditing methods of consensus. thus if some pineapple company wanted to mess with banana stocks, they cant. even a banana company cant mess with banana stocks as the shipping and retail community will spot the difference.

..
as for why supply chains
this is to ensure everyone along the line is identified and paid, that way a company getting paid from a retailer cant syphon off the funds and not pay the farmer because its all done in one world wide system where the farmer would get paid and there is nothing a CEO can do you try to put more then he deserves into his own pocket.
its not just about letting a retail customer knowing about where their banana came from. its about the retailer knowing farmers are treated fairly, tax offices knowing the CEO of companies are not hiding profits. customs/borders knowing what tarrifs to charge. farmers proving they sent goods. shipping companies witnessing and signing goods are on route. helping to plan which container gets to go on which cargo ship efficiently. the food standard agency being about to track source if a contaminant/outbreak occured. and many many other things which are normally hand done by admin staff.

firstly you seem to not know how franchises work. if a franchise is not using a brand. then its not a franchise and as such wont get all the benefits. think about it. (even logic without research can tll u that)

but if you still doubt it. research it before hitting the reply. google can teach you alot about alot of things. and seeing as you dont want to research bitcoin aftr months of asking you too, maybe you might be more interested in learning/researching non bitcoin specific stuff.. so how about try learning about franchises

mr flip flop meanderer this is a bitcoin forum. about bitcoin. if you want to try making social drama about altcoins. if you wanna take the topic away from discussing whats really going on related to bitcoin to become some social crap. find a different venue or atleast do your research, as your flip flop meanders are getting boring and just become an echo

but funny how you prefer to bounce your echos about 'what franky said' rather than the topic or the category.
if you cant talk about the bitcoin network and things that actually happen within the network. then find another hobby.

this topic seems full of fud

OP seemsto be grasping at 10% of the info about how big farms work and making some big story of controversy
bitmain itself leases out facilities much like a franchise. so a 'operations manager' is not being employed by bitmain par-say but more so a private individual using the antpool brand and using the antpool stratums/supplies to maximise profitability

in short private individual gets discounted ASICS if they aim the hashpowr towards a antpool stratum, rather than set up their own farm at full price and have their own brand stratum they mine in
much like mcdonalds franchises get discounted meat and free advertising if thy use the mcdonalds brand. but does not men mcdonalds 'employs' the employees

as for how pools make profit/'survive if btc keeps crashing'
seems the OP has no clue how mining farms truly operate. because the business model of mining farms is totally different to hobbiests that just pool hop between profitable coins/alts and then sell on the markets.

it might be the reason the OP didnt get a operations management job as he had no clue how the operations worked

from my own investigations.
bitmain is just a management company. they GET income from franchise(farms) and from selling asics. thy ar not involved in the day-to-day of actual mining.
they dont really even care much about the day to day price of public market prices.

their own stash of ASICS are virtually free because for every ASIC sold privately to individuals is priced to include enough to make multiple units. so for every unit a individual buys more than one asic is made. and as such costs are low. thus able to do deals that hobbiests cant

if you knew how LN worked, ran some scnarios, tried it you would know LN is not more reliable
recently people tried buying pizza with LNs network. only 10% order success. not due to the pizza side of things. not due to locking bitcoin sid of things. but due to the LN payment part

secondly LN is not just a make 1 chanell and have freedom from blockchains forever. it requires preplanning spending habits opening multiple channels to hope for maximum success, which involves alot more bytes of data onchain to open/close channels than just 1 TX.

imagine you wanted to use LN to pay for your starbucks coffee. did you know its actually technically, physically an financially easier to just buy a starbucks giftcard using bitcoins onchain tx than it is to set up LN to handle payments for starbucks coffee

bitcoins network is not just about jumping up to 2mb base block causing network hard ship or jumping up to gigabytes causing network hardship. if you knew the different bitcoin network scaling methods you would know its not as controversial as you probably been told.
did you know from 2010-2015 bitcoin went from 0.1 to 0.25, 0.5, 0.75, 1mb without any required debate, the only issue that occurred was bug related, rather than the social drama games they now play to avoid just continually scaling bitcoin like they did during the first 6 years of bitcoin.

and yes we ar now at the 10th year meaning 3-4 years of no true bitcoin scaling and just debate and stall tactics aimed purely at only wanting to offer a new tx format as a geteway to another network to deburden bitcoin of bitcoin utility


as for bolt raiden and other services you will soon see them all merge into LN which excuse the pun, would be more accurate to call the thunderdome rather than LN

but it would require using LN and running scenarios outside the 'perfect condition' glossy promo situations(meaning running real life tests/scenarios where things dont go as planned)