SegWit and LN implementation began long before blocks were even close to full.
How many fixes do you need in a bug free program.
Not sure what you are trying to say. Software development is a continuous process and ongoing updates are expected.
Please expand on which problems you are referring too that occured before BTC started running at capacity.
Well none i guess if we ignore current circumstances, hack and lost coins we can all blame on users or
bad designs of wallets as we tweak core BTC so what version of BTC we using now ? 0.15.1 is it
The loss of private keys has nothing to do with Bitcoin the network. Do you blame the internet whenever credit card info gets stolen from corporate databases?
Setting a maximum price on a scarce resource (ie. blockspace) never ends well.
Why have they tried it and this "scarce resource" you call it is just an illusion but if you think that
bits and bytes are worth so much then i can always sell you a 64gb pen drive for lets say
$500,000.00 . Boy the price of data was not that high even when it cost a years wages to
buy a Winchester 2mg hard drive and these things even came in a teak wooden box.
One point that keeps popping up in your posts is how resource intensive it is to replicate the blockchain across thousands of nodes -- that's exactly why blockspace is a scarce resource and should be treated as such.
Kindly provide me with an alt coin example that is significantly more decentralized than BTC.
Is that Pre LN or post
Pre LN. But doesn't make much of a difference as far as decentralization is concerned.
because hubs are a step down this road
[citation needed]
not that I am saying that's such a bad thing
It would be a bad thing, if it were the case.
but your arguments for not using coordinators is none founded regardless of how I look at it
Maybe we're talking about different things. If you can give me a concrete example of an alt that uses "coordinators" in the sense that you had in mind I'll gladly reconsider my position.
and yes a car
might be theft proof but it's no good if it becomes too heavy to move is it now.
We're not talking about cars though.
I guess i would have to say none to be honest because they are all running away from it and Mining and PoW and
block-chain when it's not a clone or fork so does that not tell you something might be a little bit wrong.
Not sure you what you are trying to stay. You can compare PoW to other consensus mechanisms and still argue about centralization.
My way of fixing this mess in BTC would never get approved because too many people are making too much
money
Create an alt then. Write either a white paper or protocol specs and find yourself some devs to work with.
and i've worked for banks, loan sharks, broker, and something like Walmarts on-line shopping plus
stuff I cannot discus
Throwing credentials around won't help your argument. Some of the worst devs I've ever worked with claimed the same. Similar fields too. Different story though.
and you won't find me walking around some university campus with my head stuck
in academia so maybe that is why I am not "praising the lord" with you all
Maybe you
should stick your head in academia. Just a little. Not that I ever did until late in the game, but it helps expand your toolset.
(Civil discussion has little to do with "praising the lord" by the way. This statement comes across as a baseless, hand-wavy dismissal of anything that challenges your way of thinking to be honest.)
---
So, where were we? Ah yes.
"PRAISE THE LORD!"
I mean... who else has played around with testnet LN so far?
I finally came around trying Eclair and the HTLC.me web wallet to see Lightning in action and I must admit it still feels incomplete. Which is expected, of course, but makes me slightly wary of how long it will take until we see the final product. Apart from what seems to be occasional connectivity issues it works like a breeze though. Tried microtransactions by unlocking articles on yalls.org. Instant and low-fee, just like in the olden days <3
