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RE: Lightning Was Released This Week – What Will be the Impact for the Bitcoin Network and the Cryptocurrency Market?

in #bitcoin7 years ago

Very good article and properly referenced, good work @kenraphael It's defo a desired feature enabling quick and cheap transactions, however would security not be compromised? One could even question the whole point of such sidechains. If a specific blockchain is not designed to handle more transactions then why propose workarounds and not simply move to more advanced modern blockchain implementation?

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Very good point. That might very well be the direction that wins out in the long run. There are indeed projects working on blockchain that scales right on the blockchain. I expect to be reviewing a few of those very soon.