reddit comments

There are several oversimplifications to watch out, but still interesting.

  • @guojing
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    22 years ago

    You cant build a cryptocurrency without blockchain. So ita certainly more than a strange edge case.

    • @null_radix
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      12 years ago

      I agree; but what @dessalines@lemmy.ml says still holds true I think. Most transaction should probably use layer 2 solutions such as lightning network and only fall back to the blockchain in cases for dispute or settlement which should be a rather infrequent event compared to transacting.

      • @guojing
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        12 years ago

        Lightning network is a scam.

        • @null_radix
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          1
          edit-2
          2 years ago

          ok, well then replace lightning with payment channels in general then. Why is lightning a scam?

          • @guojing
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            42 years ago

            Because you have to trust some huge, centralized nodes which can steal your money, or charge extra fees. So basically a bank.