Bitcoin Forum
April 06, 2020, 11:08:40 AM *
News: Latest Bitcoin Core release: 0.19.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Microsoft supports Lightning Network, calls out shitcoins  (Read 39 times)
pereira4
Legendary
*
Offline Offline

Activity: 1610
Merit: 1171


View Profile
February 13, 2018, 02:18:35 PM
 #1

Quote
Microsoft: "Some blockchain communities increased on-chain tx capacity (blocksize increases), this approach generally degrades the decentralized state & cannot reach the millions... we're collaborating on decentralized Layer 2 protocols that run atop 'BTC' blockchain to achieve global scale"

https://cloudblogs.microsoft.com/enterprisemobility/2018/02/12/decentralized-digital-identities-and-blockchain-the-future-as-we-see-it/

Looks like the boys over at Microsoft are getting their homework done and are getting up to date, and that is, to work on and support second layer scaling solutions. They have realized Roger Ver's scam is a dead end that will end up in datacenters validating all the data and therefore nobody with big pockets will park their wealth on there.

Soon you'll see Steam come back accepting Bitcoin payments again as they are figuring out right now how to implement a lightning channel.

Big things coming for Bitcoin in 2018, ignore the scammers, FUDsters and retarded volatility, we are taking over.
1586171320
Hero Member
*
Offline Offline

Posts: 1586171320

View Profile Personal Message (Offline)

Ignore
1586171320
Reply with quote  #2

1586171320
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1586171320
Hero Member
*
Offline Offline

Posts: 1586171320

View Profile Personal Message (Offline)

Ignore
1586171320
Reply with quote  #2

1586171320
Report to moderator
Warren Buffert
Full Member
***
Offline Offline

Activity: 364
Merit: 102


View Profile
February 13, 2018, 02:23:10 PM
 #2

How is lightning network decentralized?
pereira4
Legendary
*
Offline Offline

Activity: 1610
Merit: 1171


View Profile
February 13, 2018, 04:03:02 PM
 #3

How is lightning network decentralized?

Because of the way channels are routed, it works similar to the Tor onion network. Read this:

http://bitcoinist.com/nick-szabo-bitcoin-censorship-resistance/

Of course, Roger Ver, Craig Wright and the rest of amateurs would know better than Nick Szabo, the guy that invented the precursor for Bitcoin.



Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!