Re:Libra, 2 Weeks In
by goristerHAN on Tuesday July 09, 2019 @12:19AM
(#20388994)
You think the LN doesn't exist? What? There are dozens of LN visual explores out there. Who told you this lie?
The whole point of using LN is to use Bitcoin as a settlement layer. You make one initial transaction to open a channel and that's it. In the future users will onboard directly into LN channels anyway. On chain scaling is still important. Ethereum 2.0 will likely do over 10,000 tx/sec. Don't know about Bitcoin.
Re:Libra, 2 Weeks In
by jcsycombinator on Tuesday July 16, 2019 @12:29AM
(#20447472)
I use lightning every day. I use bitrefill to buy pretty much anything I want. Recently bought a game on steam and some late night uber eats.
Also loads of websites where you can use it.
And before you say “lightning network” do realize that LN doesn’t exist and even if it did your solution is to avoid using bitcoin. Setting aside you still have to make transactions on the bitcoin blockchain before you can even play ball with LN.
Bitcoin/cryptocurrency is a giant scam marketed toward libertarians and certain STEM types. Why Facebook decided to hitch its horse to a giant scam is beyond me.