| I think that BCH will eventually have a Lightning Network for specific uses. But for that, you need to have a sound base layer. A $100 fee level is inacceptable for most people.
Agreed, LN needs actually cheap-ish on-chain transactions. It needs to take enough congestion away, but it seems like it'll add more with more onboarding
| IMO the major flaw of the LN is that people have to pay a fee to open/close a channel. If fees on the BTC base layer rise too much, Lightning is doomed to become a banking system.
| I think that BCH will eventually have a Lightning Network for specific uses. But for that, you need to have a sound base layer. A $100 fee level is inacceptable for most people.
Technical deep-dive on how modern user-friendly Bitcoin Lightning wallets work what tradeoffs they currently make, and what needs to be fixed for them to be viable long-term
If you support government social programs, but if you fail to implement them you make no effort to replicate or voluntarily contribute to them in the nonprofit sector, then maybe you don't care about the unfortunate.
If you're a "crypto boomer" like me and can't wrap (ha ha) your head around DeFi, this might be a good thing to watch. Thanks for blowing my mind Albert!
Great rundown of the weird state of the cryptospace with Jeremy. If you had issues with the livestream yesterday, this one should be a nice clean version. Enjoy!
Unpopular opinion: every crypto person should use Dash, Bitcoin Cash, and the Bitcoin Lightning Network.
Each can learn from the others, and being hedged makes you significantly less invested in one winning,
Notice I didn't include Zcash, Monero, or Bitcoin SV. I wanted to, but wanted to keep the list short to things you can conceivably live off of today.
Ideal government: pay taxes for only the services you want to use, with pay-per-use option if you're not subscribed. Wealthy/charities can "pay it forward" and pre-buy subscriptions for the poor. Only taxpayers vote.
Ideal government(s): allow multiple parties to offer competing services. No need to vote, simply choose.
After 2017's crazy hype storm I kind of stopped looking at IOTA. I'm glad I took a second look, and chatted with Dan about new developments, including Coordicide and introducing mana.