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My understanding is that the ccs were introduced to avoid regulatory custodial risk to the operators of SNs and that to reverse the ccs would negate the effort invested in gaining regulatory compliance.
They're also hugely more efficient, in the long run, than dumping the entire database into some CRDT-in-progress or whatever the moving target named "lightning network" technically builds on top of the friendly familiar CRDT of "actual Bitcoin".
Not sure what a CRDT is but Coinos works perfectly well for me :)
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10 sats \ 1 reply \ @adlai 4h
Conflict-free Replicated Data Type
it's a strict superclass of block-chain; most examples of CRDTs are permissioned ledgers that involve lots of merkle roots although no self-respecting bitcoiner would even dream of calling anything more respectable than "stinky DLT sandwich"
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Thank god for Coinos making such complexities unknown and non requisite for plebs like me.
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Oh, you just don't seem to know what lightning network is. There is no single ledger. Each node keeps its own database and is free to join and leave (open and close channels) at will. The whole system is surprisingly robust and you don't have to "dump" any database to use it.
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0 sats \ 0 replies \ @adlai 35m
yeah
next get them templars up to speed on hawala please, I'll figure out lightning from the wikis and gitbooks
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