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The ridiculous complexity of the Lightning Network
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Author Topic: The ridiculous complexity of the Lightning Network  (Read 761 times)
BraunStrowman
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Apr 13, 2018 07:25 PM

by Steve Sokolowski Fri Apr 13, 2018 12:29 pm

A few customers submitted support tickets about the use of the Lightning Network to pay out bitcoins, which led me to spend some time researching the subject. While I've disagreed with the idea of the network for a long time, I had expected to discover that it was a well-designed alternative to the increased blocksize approach from people who had an earnest belief that most transactions should be off-chain. I figured that, now that the Lightning Network had been released, we would start to see businesses using both competing implementations, and eventually one approach would prove itself superior to the other. I did not expect to come to the conclusion that the network is almost ridiculously complex. Read More below:

https://forums.prohashing.com/viewtopic.php?f=11&t=3728
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donatien
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Reply #1: Apr 13, 2018 11:39 PM

it"s the problem with the so-called experts, and people like you pretending to know what you say. As I said as soon we start to talk about technical things they say "The ridiculous complexity of the Lightning Network" it's just showing you don't know anything, thanks for showing....
oh please, don't use again the identity of someone else from Twitter to tell us bla bla bla" rofl

It"s easy to understand and it's easy to implement the system for any company. we got a teenager yesterday who added the system perfectly for 2 companies, without the need to fix something before going into the live environment..

did you expect to understand while until last week you didn't know the blockchain technology is not only for cryptos?


what second-layer solutions like the Lightning Network do is to allow for similar low-cost activity without sacrificing most of the security model and trustless nature of Bitcoin. Decentralisation is not a Boolean value, it is a range.

The Lightning Network is not only about payment channels, there is also routing between the payment channels of others. You do not need to open a channel with every party you want to transact with. If a merchant does open a channel, they do not have to close the channel in order to be paid.


LN Development Resources: http://dev.lightning.community/
LND Desktop Wallet - https://github.com/lightninglabs/ligh...
ACINQ's Lightning implementation: https://github.com/ACINQ/eclair
Blockstream's C-Lightning implementation: https://github.com/ElementsProject/li...
Zap, another Lightning wallet: http://zap.jackmallers.com/

Hence no one is forced to use the Lightning Network, Bitcoin has more things coming soon
« Last Edit: Apr 13, 2018 11:59 PM by donatien » Logged
BraunStrowman
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Reply #2: Apr 14, 2018 08:30 AM

Roger Ver attempted to use it and the LN couldn't perform the transaction! rofl

PS - Aren't you supposed to stay away from my threads? der
I'm reporting you again for the 50th time.
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donatien
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Reply #3: Apr 14, 2018 10:33 AM

Nobody wanted to connect with Roger ver that's why.. you keep to show us how ignorant you are.
Not sure if it worth to explain to you since It too complex for you as you say....  laugh

You can't even argue without
1) telling us "I am going to report you!
2) using the identity of someone else and try to make us think it's you. 3) more you speak more people see you know nothing.....

Raca4u was making fun of U We didn't saw you telling her, I will report you!! rofl
And another member here, you couldn't even argue without telling it's me...  laugh laugh laugh
BTW No proof from Mak ?  Undecided
...you are a real baby

Do report me, who cares. And I can do like you, create other accounts... BTW your old password here was EMSisShit and you were using a free email jetable (that everyone can access)

https://i.imgur.com/JQ6tkqt.jpg
« Last Edit: Apr 14, 2018 10:50 AM by donatien » Logged
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