from a network structure perspective i see #LigtningNetwork like neurons. with this model it will have something like “brain plasticity” as the network evolves and “learns.” in other words, it is modeling the human brain.
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Replying to @ProfFaustus
so you really think that clusters of
#LightningNetwork payment channels will not have any ability to self-organize as it gets bigger?1 reply 0 retweets 0 likes -
Replying to @c4chaos
Exactly the opposite. They do not self organise at all, they form centralised rouyting hubs. There is no peer routing system. As it gets larger, it becomes centralised more Bitcoin self organises, it is NOT a mesh based system The brain is not a simple mesh either.
3 replies 1 retweet 6 likes -
Replying to @ProfFaustus @c4chaos
Lightning cannot self organise, there is no means to do this. It is not a planned system and commerce is not something you can forcast at the individual level. Averaging does not backcast to allow individual system design, it needs control
2 replies 0 retweets 2 likes -
Replying to @ProfFaustus @c4chaos
This is what Lightning becomes: https://www.sciencedirect.com/science/article/pii/S0895717705001639 … The ONLY way to manage this is to have centralised hubs. These direct all traffic. Settle disputes etc. You know, a trusted third party... The exact thing Bitcoin was designed not to need Oh & easy for gov to plan/control
1 reply 3 retweets 6 likes -
Replying to @ProfFaustus
#LightningNetwork is already being touted as the TCP/IP of blockchains. TCP/IP is not the best protocol for the Internet, but it was good enough to achieve#ZeroToOne dominance due to network effect. bottom line: it’s a race to hit that Metcalfe’s Law critical sweet spot.2 replies 1 retweet 2 likes -
Replying to @c4chaos
Not the same. Money and routers.... If that was it... banks already win. Sorry... Bitcoin is peer 2 peer cash not banking and swift v 2.0 As swift... banks win
2 replies 1 retweet 4 likes -
Replying to @ProfFaustus
banks won in the past already. hence, they rule. so banks winning this time around is a possibility. as a friend of mine succinctly described it: Banking 3.0 is
#LigthningNetwork +#Bitcoin
2 replies 0 retweets 0 likes -
Replying to @c4chaos
No, what you are missing is banks will not need LN or BTC... they are already playing... If it does go that way... no crypto has a single need
1 reply 0 retweets 2 likes
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Replying to @c4chaos
Ripple is looked at to copy, not to use... The issue with code non centralised but control centralised systems (Ripple) is the banks are already working to copy and replace. They will take Ripple, but they will not need XRP So, zero value Already underway
3 replies 6 retweets 14 likes - 1 more reply
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