RE: [Criptopedia] Bitcoin Cash - BCH

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[Criptopedia] Bitcoin Cash - BCH

in cryptocurrency •  7 years ago 

Indeed, since the whole blockchain must be stored to process transactions.
Lightning network? I still dont know. Probably Will make things faster, but might create some problems on the decentralization Topic.

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7 years ago by

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      ·  7 years ago (edited)

    That's the great thing about it! When I'm buying coffee, who cares about decentralization? I just want it fast, and cheap so it makes sense to use the lightning network. But when I'm storing my life savings and transferring large sums, I don't care about fast and cheap. I care about secure and decentralized, so it would only make sense to use the Proof of Work chain. Lightning network wouldn't replace Proof-of-Work, it would simply exist as an option for use in certain scenarios. Do you see any potential problems?

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