From: Adam Back <adam@cypherspace•org>
To: Benjamin <benjamin.l.cordes@gmail•com>
Cc: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] A Proposed Compromise to the Block Size Limit
Date: Sun, 28 Jun 2015 14:37:57 +0200 [thread overview]
Message-ID: <CALqxMTGXcbES5Pwz3cWO+PQK5kmf3rZ_i00=b=PBnO678XuF0A@mail.gmail.com> (raw)
In-Reply-To: <CAOoPuRarNoPwLxVqjJ_g4b6HsWJecB-oCdfEjaknKbUnKdnmEg@mail.gmail.com>
On 28 June 2015 at 12:29, Benjamin <benjamin.l.cordes@gmail•com> wrote:
> I agree that naive scaling will likely lead to bad outcomes. They might have
> the advantage though, as this would mean not changing Bitcoin.
Sure we can work incrementally and carefully, and this is exactly what
Bitcoin has been doing, and *must* do for safety and security for the
last 5 years!
That doesnt mean that useful serious improvements have not been made.
> Level2 and Lightning is not well defined. If you move money to a third
> party, even if it is within the constrained of a locked contract, then I
> don't think that will solve the issues.
I think you misunderstand how lightning works. Every lightning
transaction *is* a valid bitcoin transaction that could be posted to
the Bitcoin network to reclaim funds if a hub went permanently
offline. It is just that while the hubs involved remain in service,
there is no need to do so. This is why it has been described as a
(write coalescing) write cache layer for Bitcoin.>
I believe people expect lightning to be peer 2 peer like bitcoin.
Adam
next prev parent reply other threads:[~2015-06-28 12:37 UTC|newest]
Thread overview: 43+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-06-28 5:34 Raystonn
2015-06-28 10:07 ` Adam Back
2015-06-28 10:29 ` Benjamin
2015-06-28 12:37 ` Adam Back [this message]
2015-06-28 16:32 ` Raystonn .
2015-06-28 17:12 ` Mark Friedenbach
2015-06-28 17:18 ` Benjamin
2015-06-28 17:29 ` Gavin Andresen
2015-06-28 17:45 ` Mark Friedenbach
2015-06-28 17:51 ` Adam Back
2015-06-28 18:58 ` Adam Back
2015-06-28 21:05 ` Gavin Andresen
2015-06-28 21:23 ` Michael Naber
2015-06-28 22:07 ` Adam Back
2015-06-29 0:59 ` Eric Lombrozo
2015-06-29 1:13 ` Eric Lombrozo
2015-06-29 1:45 ` Andy Schroder
2015-06-30 0:42 ` Tom Harding
2015-07-10 2:55 ` Tom Harding
2015-06-28 17:53 ` Jorge Timón
2015-06-28 19:22 ` Andrew Lapp
2015-06-28 19:40 ` Benjamin
2015-06-28 12:32 ` Milly Bitcoin
-- strict thread matches above, loose matches on Subject: below --
2015-06-27 14:39 Michael Naber
2015-06-27 15:21 ` Peter Todd
2015-06-27 15:29 ` Randi Joseph
2015-06-27 15:32 ` Peter Todd
2015-06-27 16:19 ` Michael Naber
2015-06-27 17:20 ` Peter Todd
2015-06-27 17:26 ` Benjamin
2015-06-27 17:37 ` Peter Todd
2015-06-27 17:46 ` Benjamin
2015-06-27 17:54 ` Peter Todd
2015-06-27 17:58 ` Venzen Khaosan
2015-06-27 19:34 ` Benjamin
2015-06-27 15:33 ` Adam Back
2015-06-27 16:09 ` Michael Naber
2015-06-27 16:28 ` Mark Friedenbach
2015-06-27 16:37 ` Peter Todd
2015-06-27 17:25 ` Michael Naber
2015-06-27 17:34 ` Peter Todd
2015-06-27 18:02 ` Jameson Lopp
2015-06-27 18:47 ` Peter Todd
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