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A comment on No Bitcoin-based protocol can handle more than 20M users per month. Parent comment

Re:No Bitcoin-based protocol can handle more than 20M users ... by the_stc on Sunday October 08, 2017 @11:36AM (#15428580)
>short term lightning

Can you clarify what this means? Last I read, Lightning was 18 months out. But not really, that's just a number tossed to a crowd. The preview tech published a month ago is nowhere near being ready for use.

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Re:No Bitcoin-based protocol can handle more than 20M users ... by xiphias on Sunday October 08, 2017 @12:34PM (#15428821)
As far as I see from the github activity, now that SegWit is activated, the developers are putting much more effort to finishing.

Anyways you're right that maybe I was a bit too optimistic. Bitcoin is getting popular as a store of value faster than it can handle the scale of being an easy-to-use currency. The blocksize drama will probably keep on going :(

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Re:No Bitcoin-based protocol can handle more than 20M users ... by the_stc on Sunday October 08, 2017 @01:03PM (#15428971)
What does SW activation have to do with it? Why not have it ready to go, wait for the flip, enable. Or deploy it on a testnet. Or on LTC?
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Re:No Bitcoin-based protocol can handle more than 20M users ... by AgentME on Sunday October 08, 2017 @01:39PM (#15429106)
People weren't even sure if SW was going to activate. Who wants to do a lot of work on a system (LN) that might not ever be usable?
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Re:No Bitcoin-based protocol can handle more than 20M users ... by rothbardrand on Sunday October 08, 2017 @06:36PM (#15430413)
LN is actively being worked on, looking pretty good, and is estimated to be about a year from production. And that's just simple LN.

Over the next 5 years LN has the potential to really explode in capability and capacity.

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Re:No Bitcoin-based protocol can handle more than 20M users ... by shazow on Sunday October 08, 2017 @12:39PM (#15428857)
Indeed. The "18 months out" timeline has been around since the first draft of the Lightning Network paper, well over two years ago.
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