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RE: Bitcoin's "Lightning Network" is a hobby project that will never gain adoption.

in #bitcoin7 years ago

Your post is spot-on, Ashe!

It's so sad to witness the bitcoin core developers driving good old btc full force into the wall.
LN is completely scewed in terms of economics, and even worse, it also breaks bitcoins economic modell simultaneously.

At some point miners won't make enough through tx fees, the network will become insecure, unstable and ultimately worthless.

On the other hand, as you say, it simply leverages the once in a life time opportunity in eos.

Where Ethereum was still quite similar to Bitcoin, and could have arguably even been built on BTC back in the day, EOS will actually deliver on the new paradigm, promised by ETH.

So cool to be part of that.