This.
Since LN is supposed to be a payment layer on top of the Bitcoin network, LN has no effect whatsoever on Bitcoin security, centralization, or fungibility.
The LN protocol can only lead to centralization of the LN network. If we find it too centralized, we can use another network based on another protocol, such as Tumblebit, which also provides payment hubs and payment channels. In any protocol stack, there are layers that are more centralized than others. Decentralization is not a state, it's a process. Wrong, centralization is placement of process occurring and decentralization is making it mobile or remote and scattered, who will run and maintain LN? |
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Can we use Golem super computer to find a collision? or design ASIC for doing it?
A bit off topic but since you seem like to know things about bitcoin, is it possible to have negative blocks in blockchain? like block 0,1,2 and -0,-1,-2.
Why is this 964MB to download?
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It has a limited block size capacity, miners can mine empty blocks and after reading more than 15 pages I haven't found a convincing answer.
You can literally spam with free transactions or very low fee ones, so now you know who is spamming and how.
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Might as well gets trashed by mods.
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Might as well gets trashed by mods.
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Lets say 1BTC= $1200 how many grams of gold worth $1200? lets say 3 grams, now how much is the cost of mining 3 grams of gold and how much does it cost to mine 1BTC? what is the final amount of gold on earth reachable by mining and how many bitcoins will exist?
I'd say bitcoin worth more than gold already and they know it that's why demand has increased, they're trying to have the most mined coins for control over the economy in next 5 decades.
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Might as well gets trashed by mods.
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Might as well gets trashed by mods.
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Might as well gets trashed by mods.
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This shows that you are only here to profit and never really cared about bitcoin, I agree that we should harness as much as we can when such opportunities are in our grasp but we should also support the market by not letting the price drop hard, because that is when new comers feel betrayed and manipulated.
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Might as well gets trashed by mods.
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Might as well gets trashed by mods.
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I'm baffled with the degree of stupidity I'm seeing here  open source what exactly? darkweb mentioned and people talking about google and accessible information after searching in search engines as if you don't know that dark web only is accessed if you have link and the domains aren't indexed publicly, believe me it's not a magical land requiring a magical portal to travel there Next time please think a bit more before taking the dark web trolls words as a fact, what do you think BitMixer.io is doing? they don't have a secret program to do their mixing however they have their own automated system but it's not about being open or closed sourced as if you send your bitcoins to an open sourced mixer you never lose your coins? it's about credibility and trust not how it is executed. |
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Might as well gets trashed by mods.
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Might as well gets trashed by mods.
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Just a start as there is still room for rise, I'd suggest to build a wall for $1250+ from now because tomorrow when you wake up you might see that you missed the chance |
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When you bet on sports, you are not relying on the randomness and luck solely but it depends on other people's performance, while gambling mostly is refer to when you play against the house and testing your luck by random numbers being generated.
Sport betting requires skill and analysis just like trading does, that is harder but yet result could be much more different.
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Might as well gets trashed by mods.
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OK now mining isn't something that we all can be a part of and as a result decision making is becoming more and more centralized.
Who are we fooling really? bitcoin is not going to stay a small community and network we'll going to get more transactions every day spam or legit.
What miners can't see is the integrity of the system as a whole in danger, if every time price going up we see more than 90k unconfirmed transactions we might as well pay a fee higher than $0.5 until price goes back down no other options for users.
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Actually there are things that we could blame bitcoin itself, since increase in value and network traffic is inevitable bitcoin should've had plans ahead of time to maintain somehow a stable confirmation time and fees cost, after all not every one is able to be a miner to say go mine and take advantage of high fees people willing to pay, we need for developers to take an immediate action to solve block size issue and miners and nodes to come to a consensus agreement.
I know pay a high fee to confirm fast but wasn't the low or no fee a promise?
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