pull down to refresh

21 sats \ 2 replies \ @DarthCoin 25 May 2022 \ on: I'm Jestopher, Co-Founder of Amboss.Space, AMA! bitcoin
  1. What represent for your Lightning Network? a - a new banking system b - just a payment system for Bitcoin c - a much more complex financial system (that we still didn't know / discover it) d - a failed experiment e - an incentive system on the Bitcoin Network
  2. Which scenario you prefer for LN? a - millions of small decentralized routing nodes, but not so powerful and basic knowledge of managing by operators b - some thousands of strong big routing nodes, connecting billions of private node wallets and providing good liquidity c - just a couple of hundreds of big farm nodes, concentrating all LN traffic from many different decentralized apps
  3. Do you see in 10 years from now Bitcoin as main currency used in the whole world?
write
preview
101 sats \ 0 replies \ @jestopher OP 25 May 2022
  1. Lightning Network is a complex beast of a financial system and we're only scratching the surface of what it could turn into. On the one hand, it's a very inexpensive payment network, but on the other hand it's a censorship-resistant social network operating a moral economy based on associations.
  2. I think this will be a progression and we'll get to see close to all three options. I think my happy place is B with a good number of knowledgeable operators that can provide decentralized services to the masses. Seeing the market size for payment processors and the low barrier to entry means that we'll see a lot of competition for being a good payment processor, a decentralizing force.
  3. 10 years would be amazing, but I'm not sure the world is ready for it yet. I'm bullish, but as a globe, we've got a lot of homework to do first. "A VPN? What's that?"
reply
1 sat \ 0 replies \ @tomlaies 25 May 2022
I like these questions, pls answer
reply