Viewing a response to: @samupaha/re-kevinwong-here-s-how-we-will-ride-the-market-20170304t173337524z
Yup, at the meantime, I think the buy's just gonna continue to happen. Just parked, unmoved Bitcoins.. Imo, I didn't read much into BTC, but what about all those lightning networks that people are talking about?
post_id | 2,084,564 |
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author | kevinwong |
permlink | re-samupaha-re-kevinwong-here-s-how-we-will-ride-the-market-20170304t181109848z |
category | steemit |
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LN is complicated stuff, build on top of the blockchain, that uses payment channels between two parties and then networks them. I don't have much hopes for it. At best, it will take years until it can be used effectively by normal users. It will also centralize Bitcoin because not everybody will want to act as an active part of the network, hence there will be only a few hubs that are used by everybody else.
post_id | 2,086,742 |
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author | samupaha |
permlink | re-kevinwong-re-samupaha-re-kevinwong-here-s-how-we-will-ride-the-market-20170305t030259142z |
category | steemit |
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