Lightning is not private at all. Look into the Watchtowers and who owns them. Offchain solutiom for what should be done onchain makes no sense. Its fast, but too much like old system.
I like the idea of btc, but better projects have been developed with better use cases, and the potential for anyone to make a currency better than anything that exists now is really the most liberating aspect of all this.
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I am always open to something being better, but so far I have seen nothing better for my own purposes.
I strongly disagree that we need that on-chain. Altogether too much is being done on-chain and should probably be rolled back.
I am principally against turning software projects into a giant ball of mud and that goes doubly for money.
What projects are you referring to?
Watch the video with Amir
I'm not so sure I can if it involves a bunch nonsensical arguments in support of a bunch of shitcoins.
Also, I have never had an issue with lightning, and I know a good amount of other bitcoiners who have never had complaints either.
Your bias prevents you from learning
I have complaints. 😂
But I'm more flexible on second-rail technology than on the core.
And your bias prevents you from realizing that you're endorsing and promoting publicly traded ponzi schemes. Look, man. You do you, alright. 🤷♂️
Like what? Curious. 🤔
I tend to see "shitcoins" as experimental projects for possible second-rail technology.
Bitcoin is very good at being a monetary reserve asset and it can't be invented twice.
Forced closure. Some of the connections are unstable.
Generally don't like that you need to maintain a channel, so that you have to stay online. Seems inefficient.
I think there are some teams working to solve for that.
This I can understand. Especially, when the network is crowded. Personally, I've never had this issue. But, I've heard some complaints from other users.
You're not wrong. Alot of the core aspects of some of these projects have been fused with the main chain and LN.
