Payment channels and high speed transactions have a place. Mike Hearn can tell you a lot about this, he exchanged many emails on the topic. These work best when blocks scale as well. Short channels that settle fast.
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Replying to @ProfFaustus
i’ve read email exchanges between Mike & Satoshi. but is there a doc wherein Satoshi clearly expressed his disapproval of L2 scaling & why?
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Replying to @ProfFaustus
that’s what i figured. otherwise, Satoshi would’ve included L2 in his orig design. no mention of it suggests it wasn’t part of the design
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Replying to @c4chaos @ProfFaustus
to L2 or not is the crux of Bitcoin scaling war. if Satoshi was a team &
@NickSzabo4 was part of that team then the divide started way back.1 reply 0 retweets 1 like -
Replying to @c4chaos @NickSzabo4
Nick had no idea of Bitcoin until 2010. He was too engrossed in his eGold idea. So the idea of replaceable transactions existed and with IP2IP exchange it could work well for some payment channels.
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Replying to @ProfFaustus @NickSzabo4
interesting. gotta wonder why Nick is theorized as part of the team. btw, i lean towards the theory that Satoshi Nakamoto was a team
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Replying to @c4chaos @NickSzabo4
Nick was working on bit gold. To the press it sounds alike. He also had several good ideas concerning smart contracts. So 2 plus 2 and return 97... It was like the idea of 3 researchers being linked as they used the term hash in an unrelated patent
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The team would be
@ProfFaustus & Hal Finney2 replies 0 retweets 1 like -
Hal is deceased but his family are not. It is not a good idea to stir this.
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noted. agreed. i’ll just read between the lines 
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