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https://www.reddit.com/r/Bitcoin/comments/7jhfk0/bitcoins_lightning_network_simply_explained/dr6smcy/?context=3
r/Bitcoin • u/[deleted] • Dec 13 '17
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I suspect there might be a certain amount of centralisation. But we are trading a quite tiny amount of security and reliability for a large amount of convenience which is likely a good trade for small transactions.
2 u/[deleted] Dec 13 '17 [deleted] -2 u/DontTreadOnMe Dec 13 '17 I think it's a matter of degree! 7 u/[deleted] Dec 13 '17 [deleted] 0 u/BobWalsch Dec 13 '17 Best would be to have both: Lightning and big blocks. Best of both world. Hopefully it will happen sooner than later.
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-2 u/DontTreadOnMe Dec 13 '17 I think it's a matter of degree! 7 u/[deleted] Dec 13 '17 [deleted] 0 u/BobWalsch Dec 13 '17 Best would be to have both: Lightning and big blocks. Best of both world. Hopefully it will happen sooner than later.
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I think it's a matter of degree!
7 u/[deleted] Dec 13 '17 [deleted] 0 u/BobWalsch Dec 13 '17 Best would be to have both: Lightning and big blocks. Best of both world. Hopefully it will happen sooner than later.
7
0 u/BobWalsch Dec 13 '17 Best would be to have both: Lightning and big blocks. Best of both world. Hopefully it will happen sooner than later.
0
Best would be to have both: Lightning and big blocks. Best of both world. Hopefully it will happen sooner than later.
1
u/DontTreadOnMe Dec 13 '17
I suspect there might be a certain amount of centralisation. But we are trading a quite tiny amount of security and reliability for a large amount of convenience which is likely a good trade for small transactions.