A place for dudes to draw dicks on a wall... BCH can certainly do this. But, why would we want to?
I'm a BCH fan myself, and I think all use is welcome. I think Lightning is great for some things, but I don't like the way it's sold as an alternative to nearly all on-chain....
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Channels are good for some things, LN is just a load of bollox, it's not P2P, and is nothing more than fractional reserve 2.0 in the making.
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So if LN is bad, what kind of channels would you prefer? Just simple channels without routing?
Yes, payment channels have many use cases, even centralised routing though a single hub is not so bad for certain use cases. But is LN exclusive to BTC?
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No it isn't, that's why what they are doing is a very stupid approach for their coin's survival. And yes I agree: in some cases centralization doesn't matter much, though we.....
... shouldn't be forced into it.
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For stuff like game play where you deposit funds to use in game, although no real routing as just 2 tx with main hub, but tokeda does this better with token issuer adjusting balances
I haven't looked much into Tokeda. Doesn't it settle balance on the BCH blockchain?
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Exactly, if LN can be used by multiple coins, why is BTC needed? They will just start accepting alt X (fiat tokens) to open channels cheaper than on chain BTC fee & then why use BTC?
That's right, Lightning Network will be equally insecure for all coins.
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Exactly. LN won't save BTC - it will make it irrelevant.
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... but this would indeed be a good use-case for LN. Only problem I see is you have to pay on-chain fees to open a channel.
