Cryptocurrency: Time For Nextgen Scale and Privacy Designs... Lightning Network Is Garbage
"OnLine LN Is Garbage... OnNetwork is 4 Lyfe -- Internet" 0.25 world pop 1tx/dy = 24ktps 0.75 world pop 1tx/wk = 10ktps 0.50 world pop 1tx/wk = 7ktps 0.25 world pop 2tx/wk = 7ktps Advances in sound money, consensus over database, network design, and privacy technologies could now, 13+ years later, reach sufficient tx rates to enable a statistically significant non-disenfranchising global monetary overlay. Instead making yet more corrupt premine reserve holdback stakeholding/investor dev/VC treasury funding, grand kitchen-sink feature list, PoS, block-storage-based, programmable, centralized, etc... shitcoins... do engineering the next anonymous barebones all-parties-disinterested privacy-capable raw money. Tech did not exist in 2008 for Bitcoin-BTC to even approximate a global money... hobbled by lack of privacy, disk-storage-growth, low-txrate, ASIC-friendly, with bolt-ons like the online censorable etc LN shadily making adopting the worse things easier. It is likely that the technologies needed to launch a real coin reasonably worthy of the nextgen name do now exist (or will within a few years), thus needing only to be tweaked, integrated together, and launched. Look for and build them.
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grarpamp