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0 sats \ 0 replies \ @BlokchainB 19h \ on: A loon in to The Lightning Network for transaction processing on the blockchain? Design
From a pure tech standpoint you are correct but that centralized database while highly efficient is poor with trust. If our institutions were trustworthy and corruption wasn’t rampant then bitcoin would die. Like you state very well blockchains are clunky and don’t scale but trust and faith is breaking down globally so the idea is that bitcoin doesn’t rely on a third party to secure your ability to save and transact