Bitcoin CASH
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from right to left: a liar, a scammer, and a nobody, probably a crook though
Friendly reminder that the scammer isnt satoshi.
Where exactly did Bitcoin Cash screw up? Objectively superior in every way other than muh price.
C A S H
A
S
H
No, it goes from left to right: a juice plus mlm exec, a feudal Japanese larper, and a BBC prison cocksleeve.
*WOULD REFLECT BADLY ON **BOTH**
and now it's officially alt season
bcash shills are worse than ever, stop promoting this shitfork you mongrels, no one cares about it
No plans on actually solving the scaling problem in the long run, only a short term "patch".
Scaling on chain is the long term plan. Blockstream's long term plan is to get everyone using payment channels connected to banks. Fuck off with that gay shit.
How many horses would it take to pull a 40 tonne artic?
"On-chain scaling" is a myth. You can't transfer 100 GB blocks, validate them and store them indefinitely every 10 minutes. Moore's law can't keep up. You've really underestimated "scale" if you think it will be practical for a distributed network to keep up, when even highly-centralized databases have capacity and scaling limitations.
>we'll be using 100GB blocks tomorrow
Could scale to Visa today without missing a beat though.
BUt it's so fucking CASH
>Moore's law can't keep up
For now.
>Blockstream's long term plan is to get everyone using payment channels connected to banks
This is literally pol-tier IQ of 85 shit.
Youre just mad cause youre a late adopter lmao
I care about money. I bought this shitfork 3 days ago and it is making me rich. Stay poor salty nigger.
What are you talking about?
I wasn't calling LN retarded, I was calling Bitcoin cash retarded.
How do you figure?
It's just a scare tactic throwing the word 'banks' in there.
If a bank opened a LN node what would the implications be? What could they do to your funds? What control would they have over the network?
The answer is, they would hold no power aside from the ability to shut their own node down.
Wow you are fucking clueless and you really think you should be giving out your uneducated opinion? You're the type of person who ends up getting cleaned out because you're a stupid follower. The left-most person may look like a rat but he's far richer than you will ever be. His name is Calvin Ayre, stop reading Jow Forumsbitcoin you fucking spasticated mongoloid.
CSW is a conman. I don't care he supports the real BTC.
>calls other people retards
>Jow Forums boogeyman out of nowhere
Checks out
Hey dumb shit, you know more people are saying its "bank like" and it will have the same problems and won't fix any in the long run. It doesn't matter whether a bank facilitates this problem or a rich old jew in a remote castle somewhere, the problem is the same
In what way is the LN 'bank like'?
kek
>stop reading Jow Forumsbitcoin
>vertard despertate to buy Jow Forumsbitcoin so he can shill his shitcoin
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHHAHAHAHAH
Bcashies destroyed
When are they renaming to Alibaba coin?
>inb4 youtube video full of bullshit
It inevitably become a hub and spoke network where only big money movers own payment channels.
Yeah thanks for the analysis professor I'm sure you're an expert in graph topology and not the retard you appear to be
What does that have to do with banks? What power do the 'big money movers' have in this scenario?
They can't do any kind of fractional-reserve bullshit.
They can't censor transactions due to onion routing.
Literally the only power they have is the ability to shut down their own node.
Irrespective of what LN is or will be, your shitcoin will not take over.
A hub and spoke network implies there are certain "privileged" nodes who can connect to as many nodes as they want, and "unprivileged" nodes, who can only connect to the privileged ones.
LN is nothing like this because anyone can connect to anyone, and can open as many channels as you want. You can simply route around the "hubs".
Even if you use a "hub" (which is merely a node which has many channels open), the hub can't actually do anything with your money - it's just a proxying service which delivers money to another channel for a small fee.
Anyone can become a "hub" with a few mBTC and a Raspberry Pi. Just run the daemon and open 100 channels to random nodes. Congrats, you're now a "bank".
Core bullies always think they control everything well this one they have no control over.
Check ur privlig
>too expensive and time consuming for end users to settle up on the blockchain
>divert all power to centralized structures (banks) with massive liquidity pools and hub connections for LN
>thisisfine.jpg
In the trash it goes!
how come your image is mixing recent screenshots (top part) with a screenshot from last year (bottom part)?
BCASH BCASH
I Trust CHARLIE LEE with my life. I sold all my dumb ALTCONS like LTC and BCASH and put all my money in the real Bitcoin.
Don't you have better things to do than shitpost on Jow Forums, Charlie?
a tweet from almost four months ago, how neat
> bank: a financial establishment that uses money deposited by customers for investment, pays it out when required, makes loans at interest, and exchanges currency.
An LN node simply creates a multi sig transaction with another node on the blockchain, opening a channel.
There is no central structure holding your funds. It's nothing like a bank.
Yes it is. When fees are in the $100s and leadtimes are days. Adding funds isn't feasible to end users. That's the entire idea behind it.
Bitcoin Cash makes me feel like the start of Bitcoin was: fuzzy feelings like we were going to take over the world.
If it wasnt for the old-world takeover of bitcoin development, the drawn-out unnecessary 5 year "scaling debate" and the maxing out of the block capacity bitcoin would be 1 mill now and we would all be rich.
Thanks to THE FUCKING JEW adam "use tabs" back we had to fork. But you can't kill Satoshi's Spirit so easily. We will come after you juden.
This is all the juden has. Death to jews.
GAS THE KIKES
RACE WAR NOW