Will the Lightning Network Solve ALL Scalability Issues?

[Wind_FURY]

Going back to OP, he said,

Obviously other currencies have been aiming to tackle the scalability issues that Bitcoin is being presented with.

Obviously if the Lightning Network is not successfully implemented, the likes of coins like XRP will fill in the gap that banks need for fast cheap liquidity.

Will the lightning network be game over for the rest of the ALT coins that are borderline built on scalability?

Let me know what you guys think.

No, I believe you don’t understand that the difference is Bitcoin is an open, permissionless system that any individual and organization can use. It’s a different “flavor”, and should NEVER be compared to closed, permissioned systems that has shitcoins with doubful regulatory status in them. Gaps can’t be filled where Bitcoin can fill them.

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[Vlad2Vlad]

No, LN has its own issues and it’s more of a private network, the opposite of what Bitcoin is advertised as.  I think with a few tweaks it will be used but not us regular people.  You think apple or the CIA WANTS its opposition how money they have or are transferring and where?  The lightening network provides that privacy plus unbreakable security.   Not to mention instants coin txs not just tokens. 


V

[BlackHatCoiner]

No, LN has its own issues and it’s more of a private network, the opposite of what Bitcoin is advertised as.

Isn't Bitcoin advertised for its privacy? Also, the LN isn't a private network. I'd say that your payment channels are just hidden from the public.

I think with a few tweaks it will be used but not us regular people.

These are the ones intended to use it. If it won't be used from regular people, there's no reason to develop it. We all contribute for it, to become adopted by the crowd; to be considered the usual payment method.

You think apple or the CIA WANTS its opposition how money they have or are transferring and where?

I don't understand the relation between Apple and the CIA, neither this question that is suppose to... be an argument?

[franky1]

Isn't Bitcoin advertised for its privacy? Also, the LN isn't a private network. I'd say that your payment channels are just hidden from the public.

but LN isnt hidden. part of routing is to allow the "gossip" part of the network to gather all info on the network about balances of channels... and also when payments are done the gossip updates new balance.. heck there is even graphic maps of channels, listing the channel partners and much more info than bitcoin reveals.

yes you can pretend that it offers no 'history' but if your watching live, over time you can just record your own records of the changes channels make. and then make your own 'history'

[Vlad2Vlad]

No, LN has its own issues and it’s more of a private network, the opposite of what Bitcoin is advertised as.

Isn't Bitcoin advertised for its privacy? Also, the LN isn't a private network. I'd say that your payment channels are just hidden from the public.

I think with a few tweaks it will be used but not us regular people.

These are the ones intended to use it. If it won't be used from regular people, there's no reason to develop it. We all contribute for it, to become adopted by the crowd; to be considered the usual payment method.

You think apple or the CIA WANTS its opposition how money they have or are transferring and where?

I don't understand the relation between Apple and the CIA, neither this question that is suppose to... be an argument?

LN isn’t designed to solve scalability.  It’s made by FUBU and designed to be invisible from the public for numerous reasons.  The main objective is to allow for fractional reserve banking. 

We showed them.  Lol