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RE: Interacting with Distributed Ledger and Tokens + Get 100SP Delegation with YOUR comment!

in #blog7 years ago
  1. you would need to control 51%+ of the hash rate in order to manipulate the network consensus.
  2. you can put the entire history of the world as data and the hash would still still be 64 characters. this is because the hash is simply a representation of the data, so the data itself can be as complex or simple as you want.

Lightning:

  1. the info on the side chains are not stores on-chain. only references to the side chain are stored on the blockchain.
  2. information exchange on the lightning network is not the same mechanism as that on the bitcoin blockchain. on lightning, you can have countless exchanges and only the sum is settled, therefore, there is no scaling issue.
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If you were in the room with me I would kiss you (on the cheek and I have a girlfriend already, just saying). Thanks for the responses I get it. Boy do I get it. When is the next post/class please and direct me to other posts of yours you think I need to read. thanks again teacher.