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ofnumbers's profile
Tim Swanson
Tim Swanson
Tim Swanson
Verified account
@ofnumbers

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Tim SwansonVerified account

@ofnumbers

founder @PostOakLabs; advisor @clearmatics @blockseer @elmnyc; formerly @inside_r3; former fellow @suss_sg & @skbi_smu; and author of a few things

San Francisco
ofnumbers.com
Joined March 2012

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    Tim Swanson‏Verified account @ofnumbers 22 Dec 2017

    Tim Swanson Retweeted Tim Swanson

    Poll: 81% of respondents thought that relatively inexpensive anonymous Lightning usage won't really be good to go for at least 6+ months. Let's check back in late June to see what has transpired.https://twitter.com/ofnumbers/status/941867632738758656 …

    Tim Swanson added,

    Tim SwansonVerified account @ofnumbers
    Bob, an anonymous Lightning user, will successfully be able to open and close a mainnet channel with Alice the merchant - for less than $5 - and send BTC across the network in less than 30 minutes without using any MSB-licensed hub, in what time frame:
    7:49 PM - 22 Dec 2017
    • 4 Retweets
    • 13 Likes
    • R. Miller jeremy robinson David Jerry Colin Platt Duck Blockschild Kevin Angus C de Crespigny Ajit Tripathi Chris
    5 replies 4 retweets 13 likes
      1. Colin Platt‏ @colingplatt 22 Dec 2017
        Replying to @ofnumbers

        pic.twitter.com/bJe4XMCbZn

        0 replies 0 retweets 2 likes
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      1. Angus C de Crespigny‏ @YangVentures 22 Dec 2017
        Replying to @ofnumbers

        Seems hard to be completely anonymous in crypto when onramps/offramps (exchanges) are centralized & points of failure. I bet Venezuelans just want something much better than VEF since they can't easily get USD. Maybe Lightning can ship & test in Venezuela first?!

        0 replies 0 retweets 2 likes
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      1. mrkirkland‏ @mrkirkland 22 Dec 2017
        Replying to @ofnumbers

        Even if there is a chance of building a functional LN, the devs are too busy driving their lambos.

        0 replies 0 retweets 1 like
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      1. Andrew "Censorship Minimalist" Glidden‏ @asglidden 23 Dec 2017
        Replying to @ofnumbers

        It'll depend entirely on a block size increase to clear out the mempool before fees are below $5. I wouldn't be surprised if Lightning goes live within a year, certainly, but Lightning at low fees is another question.

        0 replies 0 retweets 0 likes
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      1. Andrea Raspitzu‏ @__bitcoiner__ 22 Dec 2017
        Replying to @ofnumbers

        seems like someone is craving for this to not happen

        0 replies 0 retweets 0 likes
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