reddit - The ridiculous complexity of the Lightning Network - by MattAbrams

[nandibear]

The ridiculous complexity of the Lightning Network by MattAbrams at reddit

94 comments

The post leads to forums.prohashing.com:

The ridiculous complexity of the Lightning Network
by Steve Sokolowski
published April 13, 2018

Excerpt:

A few customers submitted support tickets about the use of the Lightning Network to pay out bitcoins, which led me to spend some time researching the subject. While I've disagreed with the idea of the network for a long time, I had expected to discover that it was a well-designed alternative to the increased blocksize approach from people who had an earnest belief that most transactions should be off-chain. I figured that, now that the Lightning Network had been released, we would start to see businesses using both competing implementations, and eventually one approach would prove itself superior to the other. I did not expect to come to the conclusion that the network is almost ridiculously complex.

Read entire article: forums.prohashing.com/viewtopic.php?f=11&t=3728

[rogerver]

This was a great post, and everyone should read it.
Bitcoin Cash is the simple and elegant scaling solution.

[nandibear]

A one-sided war by MattAbrams at reddit

18 comments

The post leads to forums.prohashing.com:

A one-sided war
by Steve Sokolowski
published April 16, 2018

Excerpt:

Two days ago, I wrote a forum post about the Lightning Network at viewtopic.php?f=11&t=3728. I didn't think the post was particularly poignant or that it stated something that wasn't already obvious.

Apparently, Michael Marquadt (theymos) did, because it seems a pretty strange coincidence my E-Mail inbox received a lot of "Deleted Post" messages from his bitcointalk.org forums the next day. The posts got me to thinking about how he and many Core members seem to be waging a one-sided war, continuing a battle that ended a long time ago. Their sole goal seems to be spending their days curating the Internet to make sure that no remotely sensible discussion about the bitcoin network's limitations occurs, and being as rude and vindictive as possible towards anyone who disagrees with them. They are so laser-focused that they take actions that are obviously against their own interests. Meanwhile, the people they see as opponents have largely moved on, caring little about a subject they see as settled.

...

Read entire article: forums.prohashing.com/viewtopic.php?f=11&t=3740

[rogerver]

We should offer him some sort of incentive to switch his platform back to BCH from Litecoin. If anyone knows him personally, please feel free to pass along that request.