![jimmyhomma⚡️[LN adoption]](https://pbs.twimg.com/profile_images/740824062260334592/Y-rAxOFn_normal.jpg)
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Maybe some are more interested in such junk game tokens. Pump&Dump Coiners don't need decentralization ans security.
What is obsessively seen: transactions/second What is unseen: without strong security Bitcoin would be a junk game token not global money.https://twitter.com/rogerkver/status/816731260756246528 …
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Can the pumpers pump faster than the hackers can hack?
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This is why Weasel Ver never makes falsifiable predictions, he can claim he's right even when he's always wrong.
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fwiw your 2 statements are not in contradiction. adjust current~3 txns/sec to present tech doesnt imply weakening Bitcoin sec.
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SegWit gives 1.7-2x tps if *all* net will use it. not something that'll happen just after activation. see https://goo.gl/OU5n72
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@rogerkver a protocol is not a high speed payment system. Security via decentralization and high node count. Scale via layer 2Thanks. Twitter will use this to make your timeline better. UndoUndo
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u know LN need increased block space supply? Slide by
@tdryja HK@ScalingBitcoin presentation https://scalingbitcoin.org/hongkong2015/presentations/DAY2/1_layer2_2_dryja.pdf …pic.twitter.com/ULOqYRsO7N
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Quantify! Those same arguments can be made for 1Kb blocks.
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Strong security which enables to double spend two forked blockchains to one according tohttps://bitcoinmagazine.com/articles/bitcoin-network-shaken-by-blockchain-fork-1363144448 …
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How come making the block size bigger = weak security?
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@rogerkver powerful Nick szaboThanks. Twitter will use this to make your timeline better. UndoUndo
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bless you
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tps is irrelevant atm. Market cap is less than the cost of recalling a Samsung phone model...We should be further in 8yrs
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@rogerkver Bastiat ftw! Everything has a cost. Sometimes the benefit is more obvious short term acute than it's lurking costThanks. Twitter will use this to make your timeline better. UndoUndo
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@rogerkver What I find terrifying is a global currency's value being controlled by whales and media hype.Thanks. Twitter will use this to make your timeline better. UndoUndo
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roger doesn't want 2 mb, otherwise would support segwit. Hewants to fully remove limits to centralization
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more capacity is critical to pay for PoW long term.. block reward are not forever.
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So let's do segwit!
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segwit don't fix long term POW
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