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RE: Checking Out Bitcoin’s Lightning Network

in #bitcoin8 years ago

gdubs, i am interested in how this aligns with the white paper and satoshis vision, do "Bcashers" have a footing on this? isnt the point of bitcoin to have every transaction on the blockchain?

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Every transaction does end up on the blockchain, but only when the channel closes. That allows for all the small tx to go thru the payment channels making BTC a lot more scalable. It's hard to say how Satoshi would feel about it, only he/she/it knows! The problem with bigger blocks is that it's a linear solution to an exponential problem.

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