thunder isn't useful for buying 1 cup of coffee
its useful for buying 100 speate cups of coffees instantly.
Open Channel for standard bitcoin fee
send 100 payments for each cup of coffee
Close Channel for standard bitcoin fee
cool huh?
I don't get why people are worked up about this, or why this Lightning is taking such a long time to develop. Here's a way to solve the coffee problem that's both simpler, more secure, and more elegant than Thunder Cats: 1. Walk into Starbucks. 2. Buy a gift card for 100 cups of coffee, with BTC or USD. 3. Use gift card each time you need to buy stuff from Starbucks. Functionally identical to Lightning/thunder, 4. Profit! i agree for coffee like TX, thats the way to go. but for things like coinbase accounts sending 1000's of payments to bitpay... lighting and or thunder is a big deal. I'm o.k. with sticking with starbucks as an example. We are not talking about 1 user buying several cups of coffee, but instead possibly 100 users or 1,000 users buying coffee through the day or the week or whatever period of time that the vender chooses before finally resolving with the blockchain .. and then at the end of the day, week or month, all of the transactions are resolved that are within that channel for $.10 or whatever is the applicable fee for the whole bundle of transactions. i can't be sure if it actually will work out like that. i know for sure you can open a channel make 1000's of payments and then close it. but AFAIK a channel is open between 2 poeple and only 2 poeple. IDK... its very unclear how LN will play out, and thats why i dont like it. |
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Very very exciting news! It seems there will be many different Lightning Networks  yes its good that there will be at least 2 teams competing for the best second layer solution. I'm still not sure i like second layers scaling, but at least there's a good chance this health competition results in a strong second layer. |
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thunder isn't useful for buying 1 cup of coffee
its useful for buying 100 speate cups of coffees instantly.
Open Channel for standard bitcoin fee
send 100 payments for each cup of coffee
Close Channel for standard bitcoin fee
cool huh?
I don't get why people are worked up about this, or why this Lightning is taking such a long time to develop. Here's a way to solve the coffee problem that's both simpler, more secure, and more elegant than Thunder Cats: 1. Walk into Starbucks. 2. Buy a gift card for 100 cups of coffee, with BTC or USD. 3. Use gift card each time you need to buy stuff from Starbucks. Functionally identical to Lightning/thunder, 4. Profit! i agree for coffee like TX, thats the way to go. but for things like coinbase accounts sending 1000's of payments to bitpay... lighting and or thunder is a big deal. |
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she says things like " you love your bitcoins more than you love me  " I given up trying to deny this fact. |
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Preliminary testing on the thunder network
Releves promising results |
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Goddamnit! I don't want to use bitcoin to pay instantly and cheaply for my cup of coffee! I'd be all among the regular folk! Bitcoin should be used only to transfer large amounts of money from one respectable person to the next. And for hodling of course. Let the regular folk just use DASH or something. thunder isn't useful for buying 1 cup of coffee its useful for buying 100 speate cups of coffees instantly. Open Channel for standard bitcoin fee send 100 payments for each cup of coffee Close Channel for standard bitcoin fee cool huh? |
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thunder coming before lightning on the internet, anything is possible. |
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2 steps up 1.99 steps down
welcome to bitcoin!
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Can't we hurry this along, Gentlemen?   |
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How about worldmoney or freedomledger.
i like the "ledger" word, but i feel freedomledger is too long D-Ledger? its gata sound like a currency like Dollars, Yen, Euro and ________. |
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You don't want your children living with someone they are not married to for the rest of their lives, do you?
not sure this is such a bad thing. |
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Bits n' Bytes! hmmm... why does this sound like dog food?  |
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How safe is it to store your bitcoins on a mobile phone? if you have some clue what you're doing i guess your phone wallet is fairly safe but its by no means a long term storage solution. |
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LOL Troll level higher than usual today!
a buy signal? |
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make the kids
do all the jobs! |
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If they are young children, then faucets are probably the best. If they are a teenager/s, then signature campaigns are probably the best way to earn money.
Yes it's true, my friend is 16 years old and he trying to get first coin now with signature campaign. But i still think that childrens don't need to work if it's no need for family. I know situations when it's really necessory but anyway, childhood must be happy. i was perfectly happy making money delivering the local paper when i was a kid. making a little money won't ruin anyone's childhood.... |
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its not about the halfing
its about all the new shit dev.ed during the bear market
its about segwit + LN increasing capacity to potentially limitless
its about banks recognizing blockchain tech's potential.
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