dgenr8

I think LN will become highly centralized very quickly.

https://www.reddit.com/r/btc/comments/4fj2m9/ill_predict_tha...

Very well said riprowan.

It is indeed time to get back on track developing SPV!

I'd be a lot more excited about Lighting Mightwork if there were one, 1, ONE merchant accepting GreenAddress.

From a user perspective, the benefits of GreenAddress were similar (instant confirmation), and the hurdles to adoption were actually lower.

GreenAddress and Lightning each require both sides -- sender and receiver -- to use something different, and more complex, than a regular bitcoin transaction.

They both have to restart with 0 network effect.

GreenAddress never got anywhere with users. Why will Lightning be any different? Because bitcoin itself won't work very well anymore?

> 1. If consensus parameters cannot be voted on then Bitcoin is a failure, and Core's huge war against upstarts like XT and BU are totally misplaced (since as you say they cannot be changed by vote)

Eagerly awaiting a substantive response to this by maaku.

However I disagree with the BU proposition that unrestrained "voting" on max blocksize is a good idea. It doesn't stand up to attacks by a small amount of hash power.