The Lightning Network does, in fact, have scaling problems of its own. When the network grows to millions of channels we obviously won't be able to run it on a Raspberry Pi. Don’t tell Rusty Russell or Joe Netti that, because they'll just build their own network and do it. Another major milestone in Lightning development, the release of the Million Channels Project!
Today we are reading & discussing, from the Blockstream blog, “Letting a Million Channels Bloom.”
Check out the official post for the network data, charts and optimization benchmarks. Follow the blog and developers involved to stay up on the incredible work they are doing to bring Lightning to the world.
https://medium.com/blockstream/letting-a-million-channels-bloom-985bdb28660b
https://twitter.com/rusty_twit
https://twitter.com/JoeNetti
Lastly a huge thanks to our new sponsor, eToro! Don't forget to check out the exchange and let me know if you went long or short Bitcoin
eToro - http://go.thoughtleaders.io/1026120190630
"If a money (the most salable good) is easy to create more of, then any rational economic actor would just go out and create...
"What distinguishes this speculative attack from its Weimar predecessor is that now - thanks to Bitcoin, Bitcoin Treasuries, Money Printer Go Brrr memes, and...
"Today, people use inflation to refer to two separate things, and whenever you hear someone saying inflation it’s not always clear which definition they...