Back to the roots of Bitcoin

[Cryptoblck]

Hello. I am working on a distributed decentralized network of instant Bitcoin payments, where there is no need to convert Bitcoin into fiat currency to purchase goods or pay for services. Various institutions, stores, and services can be connected to this network, where each user and each institution acts as a node, a node of the network, where Bitcoin becomes what it is. services can be connected to this network, where each user and each institution acts as a node in the network, where Bitcoin becomes what it was originally intended to be, namely a means of payment in a decentralized economy. I will be happy to answer any questions.

PS : It`s not like lightning network. No, it's not even close to a lightning network. In the network we are launching, there will be no need to convert Bitcoin into regular currency. In the lightning network structure, when paying with Bitcoin, you are tied to the value of a particular product in relation to fiat (usd/cad/eur...). That is, if you buy something for 0.001 Bitcoin and it costs $200 (exmp..), you convert $200 into Bitcoin and make the payment. In my network, fiat (regular currency) is not used anywhere.

It is a super-anonymous distributed network where everyone has decentralised wallets with bitcoins on them. Organisations, web shops, and real shops with a single click by simply installing software. It is a kind of closed network where bitcoin transportation is instantaneous, but transaction processing is carried out within the bitcoin structure itself. Also, in this network, everyone can be a content creator, sell something for bitcoins, or generate content for which you will receive a portion of bitcoins.

That is, there is the ‘supposed you’ and there is some kind of enterprise that offers something. In the case of the Lightning Network, there are three separate structures: you, the means of payment transfer, and the organisation. In my network, it is a single structure, but no one knows who is who. There is no need for banks, no need for government control, no need for financial structures in the old sense, as this network has the potential to grow a distributed financial ecosystem.

[d5000]

This indeed leaves some questions open: what does this network aspire to achieve, if you compare it with the merchants simply accepting Bitcoin directly or connecting to an already existing second layer like Lightning?

Does it include some sort of hedging, to avoid the merchants having to sell the BTC (or buy options) to avoid getting hit by a crash? If yes, how is it achieved?

[Bluedrem]

It is great that Bitcoin is slowly moving into a decentralized economy. If people who hold Bitcoin can use Bitcoin to directly exchange value for buying and selling products, then it is a great thing. But there are still many limitations here because Bitcoin is still banned in most countries of the world, in view of which various selling organizations are not able to sell their products directly in Bitcoin. I think that in the current situation, the secondary buying and selling of Bitcoin is at a very limited level. As it gradually spreads, then its benefits will be presented to the largest extent.

[alani123]

How does your network compare to layer 2 solutions, so called sidechsins or the lightning network?

I assume your transactions aren't done on chain since you said instant.

[krishnaverma]

Hello. I am working on a distributed decentralized network of instant Bitcoin payments, where there is no need to convert Bitcoin into fiat currency to purchase goods or pay for services. Various institutions, stores, and services can be connected to this network, where each user and each institution acts as a node, a node of the network, where Bitcoin becomes what it is. services can be connected to this network, where each user and each institution acts as a node in the network, where Bitcoin becomes what it was originally intended to be, namely a means of payment in a decentralized economy. I will be happy to answer any questions.

Good luck for the venture.

My advice is to keep good budget for marketing of the project as well. You will need millions for project like this. If you do not have that money , there is no point in pursuing the project.  Only exception is that the product is so good that is spreads on its own.

[Rashlyowl]

You said that institutions, stores & services can connect to the network & act as nodes. What if eventually many of those entities are connected, let's say 1000 nodes, won't that impact the scalability of the network you are building considering that what your network is trying to achieve is instant payments? I think a technical explanation will help me in understanding it.

[Agbe]

This is what's needed at all time but not seen any. Have you started developing it or still on the planning Stage? How do you intend to secure the app or the website because many will fight against it. Government will attach the site, and Centralized Exchangers will also attack the network. You have to work on the security to 100% and100% privacy should be encouraged. And always update the forum the progress of the work. I will like to see the testing stage of the work. Or are you launching the main work at once?

[Aanuoluwatofunmi]

Am not doubting what you're trying to suggest, but i don't see a focal view that is reasonable and more convincing in all you're saying, what i know is the p2p network and i don't think there is yet another that can stand the gap of what it provide as at today, except if any is currently at the inventory stage for future revelation, but for now, there's nothing as perfect as using the p2p network in exchange, regardless of the coins.

[sleepfirefly]

will this be available in all countries or at least will be targeting a number of countries so that a lot can use it or only exclusive to a specific region?

how will you be handling volatility of bitcoin and let it reflect on the transaction fees?

[Josefjix]

Since you aren't allowing the conversion of Bitcoin to Fiat currency to purchase products, how affordable the transaction fee could be charged onchain because most of these marketplace platforms suffers this problems.

How often would be your site be consistently be ready to accepting the other company as the nodes without your node, that be done with or without your consent?

[OcTradism]

But there are still many limitations here because Bitcoin is still banned in most countries of the world

Bitcoin is accepted and allowed in many countries globally, and this adoption for Bitcoin is opposite with the information you gave here.

There are countries where Bitcoin is considered as illegal but those nations are less than total nations that allow Bitcoin or at least don't have prohibition against Bitcoin. It's not my saying and you can check Bitcoin adoption and legality with maps given by some websites.

The Bitcoin adoption trend is upward and bullish, and it means Bitcoin won't be banned in more nations but the bans, prohibitions against Bitcoin will shrink with time, even there will be more regulations on Bitcoin market, people will no longer feel fearful that they are doing illegally by owning, holding or trading bitcoin.

https://coin.dance/poli/legality
https://newhedge.io/terminal/bitcoin/legality-map

[melinoe]

But there are still many limitations here because Bitcoin is still banned in most countries of the world

Bitcoin is accepted and allowed in many countries globally, and this adoption for Bitcoin is opposite with the information you gave here.

There are countries where Bitcoin is considered as illegal but those nations are less than total nations that allow Bitcoin or at least don't have prohibition against Bitcoin. It's not my saying and you can check Bitcoin adoption and legality with maps given by some websites.

The Bitcoin adoption trend is upward and bullish, and it means Bitcoin won't be banned in more nations but the bans, prohibitions against Bitcoin will shrink with time, even there will be more regulations on Bitcoin market, people will no longer feel fearful that they are doing illegally by owning, holding or trading bitcoin.

https://coin.dance/poli/legality
https://newhedge.io/terminal/bitcoin/legality-map

I would rather say that most of countries don't use BTC to its full potential.

But it's mostly a matter of time in my eyes

[macson]

This looks like Bitcoin Lightning, except you built it yourself.

But because the information you provided is so limited, I don't know what this project is, how it was developed, or who else is involved, so I can't comment further on what you're doing right now. But this is just my gut feeling, it seems like a straight-up scam to me. I don't know, it's just my gut feeling because the narrative you've created is like most other scam projects.

[FortuneFollower]

Does your project have a White paper of sorts?

[satscraper]

The stumbling-stone here is not the development of such decentralized payment system that relies exclusively on BTC. ^{With some effort and money, it could be done.} The real challenge is how to force merchants to eschew fiat in favor of BTC and abandon payment gateways like BitPay, CoinGate, etc. In my view OP’s project is destined to fail.

[AVE5]

You said that institutions, stores & services can connect to the network & act as nodes. What if eventually many of those entities are connected, let's say 1000 nodes, won't that impact the scalability of the network you are building considering that what your network is trying to achieve is instant payments? I think a technical explanation will help me in understanding it.

The node the Op is ascribing I think reveals that since the platform isn't centralized network where intermediary have to be employed for settling disputes on p2p to therefore creates trust amongst parties, the Op's system of network maybe in line with the bitcoin core network where the system independently verifies transactions in the decentlized protocol.
Also understand that the scalabilities of this concept is different from mining and definitely, there'll always be delay of transaction during a congestion network in the blockchain.
Probably the instant successfulness of transaction as Op claims may only imply direct transaction processes while intermediatary is eliminated since there wouldn't be a room for exchange to fiats.

I believe but not convinced that Op's initiative with this concept of proposal is to enhance security and privacy but my question here's what's the uniqies service of this his technology when compared to other decentlized bitcoin core wallet networ?  

[Cryptoblck]

This indeed leaves some questions open: what does this network aspire to achieve, if you compare it with the merchants simply accepting Bitcoin directly or connecting to an already existing second layer like Lightning?

Does it include some sort of hedging, to avoid the merchants having to sell the BTC (or buy options) to avoid getting hit by a crash? If yes, how is it achieved?

Lighting Network vs Blck####

Q: What is the core purpose of each network?

Blck####:
A private, anonymous, fully Bitcoin-native crypto-economy built on the Blck#### network layer. Every application is a node, every node contains a Bitcoin wallet, and all economic activity occurs inside one closed, onion-style network with no fiat interaction.

Lightning Network:
A Bitcoin scalability layer designed to enable fast, low-fee payments by moving frequent transactions off-chain, while settling final balances on the Bitcoin blockchain.

---

Q: How do the networks differ at the architectural level?

Blck####:

Runs on Blck###, a privacy network inspired by mixnet principles

Integrates i2p-style routing, snowflake-like pluggable transports, obfuscation layers, and active path rotation
Implements a mixnet with route reshuffling every ~10 minutes
Automatically creates onion-style services per application
Rejects external network traffic, while allowing controlled external access to services
Each app = autonomous node


Lightning Network:

Overlay network built on payment channels
Uses gossip protocols for routing
No mixnet, no traffic obfuscation by default
Nodes are public or semi-public at the network layer


---

Q: How is anonymity handled?

Blck####:

Strong network-layer anonymity by design
Traffic patterns intentionally blurred through frequent path rebuilding
Node identity ≠ service identity ≠ payment identity
No visible global transaction or routing graph


Lightning Network:

Partial privacy only
Channel balances, routing hints, and timing leaks exist
Entry/exit nodes can infer payment information
Not resistant to advanced network-level analysis


---

Q: How do Bitcoin payments work?

Blck####:

Payments occur inside a single closed Blck#### network
Sender and receiver already exist in the same routing domain
No global path discovery problem
Near-instant settlement by design
Bitcoin functions as native economic infrastructure, not just settlement


Lightning Network:

Payments routed across a global channel graph
Requires sufficient liquidity across hops
Payments can fail due to routing or liquidity issues
Bitcoin mainly acts as a final settlement layer


---

Q: Is Bitcoin used differently in each system?

Blck####:
Bitcoin is:

The only currency
The unit of account
The incentive mechanism
The fee-distribution base
No fiat abstraction exists inside the system.

Lightning Network:
Bitcoin is:

A settlement asset
Often abstracted away in UX
Frequently bridged to fiat via custodians and exchanges


---

Q: How do nodes participate economically?

Blck####:

Every node has a built-in wallet
Every node can sell goods or services

Nodes earn:

A share of transaction fees
Rewards for active participation
Fees are evenly redistributed across the network


Lightning Network:

Only routing nodes earn fees
Fees are manually set
Economic power tends to concentrate in large routing hubs


---

Q: What is the incentive structure?

Blck####:

Cooperative and network-wide
Participation > capital lock-up
No routing dominance possible due to mixnet design


Lightning Network:

Capital-intensive
Requires liquidity lock-up
Encourages hub formation


---

Q: How decentralized are the networks in practice?

Blck####:

Designed for horizontal decentralization
Every application/node is equal
No topology visibility, no super-nodes


Lightning Network:

Technically decentralized
Economically trending toward hub-and-spoke


---

Q: How do merchants integrate?

Blck####:

A physical shop or organization deploys a node
Instantly becomes part of the Blckbit economy
Can accept Bitcoin immediately
No banks, no processors, no KYC


Lightning Network:

Requires channel management
Often relies on custodial providers
Merchant UX frequently depends on third parties


---

Q: How does censorship resistance compare?

Blck####:

Very high, due to:
Onion-style routing
Traffic obfuscation
Hidden topology
No choke points
Lightning Network:

Moderate

Hubs can censor
Network graph is partially observable

---

Q: In one sentence, how do they fundamentally differ?

Blck#### is a self-contained, anonymous Bitcoin economy built on a mixnet,
while Lightning Network is a scaling layer for Bitcoin payments within the existing financial system.

[Cryptoblck]

Hi everyone, I don't have time to respond to this, so I gave a comparative answer about Lighting Network vs. Blck#### in one message. I will respond to everyone a little later. Thank you for your attention.

[BigTarget]

It might be possible in Europe, USA or England but not in under developed countries. They need to make more advancement in there mentality as they are 20-30 years far from the reality. The fiat is one hundred percent utilized instead of crypto payments. Even digital payments are acceptable in only a few giant firms. The demand of fiat is still on peak.

If you talk to someone here about BTC, they will look at you in the way like a ghost is talking to them or they will assume that my suggestions are injurious to their health and beneficial for me only.

[Cryptoblck]

The stumbling-stone here is not the development of such decentralized payment system that relies exclusively on BTC. ^{With some effort and money, it could be done.} The real challenge is how to force merchants to eschew fiat in favor of BTC and abandon payment gateways like BitPay, CoinGate, etc. In my view OP’s project is destined to fail.

Don't worry, no one will be going around persuading various organisations to connect to the network. A list of incentives will be implemented, and some start-ups will also emerge that will already be working on this network from the outset.