RE: Roger Ver Interview - Bitcoin, Hate, Jesus to Judas? Future

You are viewing a single comment's thread from:

Roger Ver Interview - Bitcoin, Hate, Jesus to Judas? Future

in bitcoin •  7 years ago 

Lightning Network uses payment channels and centralized hubs to route off chain transactions that are never truly settled until the channel is closed. This not only violates the title of the White Paper but Satoshi's vision of an economic system without the need for third parties. "Bitcoin: A Peer-to-Peer Electronic Cash System." Lightning Network disregards the peer-to-peer aspect of Bitcoin and for that reason is a fundamentally flawed solution.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!