Fuck lightning network, that is just an overlay/middleman protocol to make the whole system more compatible with legacy systems. The ONLY reason that it's even necessary is because bitcoin was not allowed to scale beyond 1MB blocks. That limitation is essentially now baked into the cake that is BTC (which is now a radically warped version of its original self).

And don't give me any crap about SegWit or Taproot. Those technologies are, again, only necessary for building legacy-type applications on top of a decentralized foundation, which is not natively compatible, and the problems those solve were ALREADY solved by bitcoin originally and then re-introduced by disabling functions and preventing bitcoin from scaling its block size.

The protest movement to all of this became known as Bitcoin Cash and that's why it is one of the most hated cryptocurrencies.

https://www.youtube.com/watch?v=UYHFrf5ci_g

Watch this and then tell me how LN is not an exact replica of central banking on top of bitcoin.

Fuck lightning network, that is just an overlay/middleman protocol to make the whole system more compatible with legacy systems. The ONLY reason that it's even necessary is because bitcoin was not allowed to scale beyond 1MB blocks. That limitation is essentially now baked into the cake that is BTC (which is now a radically warped version of its original self).

And don't give me any crap about SegWit or Taproot. Those technologies are, again, only necessary for building legacy-type applications on top of a decentralized foundation, which is not natively compatible, and the problems those solve were ALREADY solved by bitcoin originally and then re-introduced by disabling functions and preventing bitcoin from scaling its block size.

The protest movement to all of this became known as Bitcoin Cash and that's why it is one of the most hated cryptocurrencies.