5 ms·
Lightning is one way. There are some issues with capital lockup costs, so other level-2 scaling solutions are also required. There's been more discussion of a
by jaekwon 7y ago
Lightning is one way.
There are some issues with capital lockup costs, so other level-2 scaling solutions are also required. There's been more discussion of a Bitcoin bridge for Cosmos, as well as Ethereum. Tendermint sidechains is what crypto needs. Tezos recently announced plans Tendermint adoption, as well as Binance w/ the Cosmos SDK.
Disclaimer, I'm a longtime lurker & cofounder of Tendermint/Cosmos. Cosmos is coming.
- just_one_time_ 7y agoAdam? LN is vaporware at best, its been 18 months away for 3 years. Bitcoin Cash is the closest thing to Bitcoin at this point.
- homakov 7y agoBridge downgrades your security to sidechain validator set, when a payment channel keeps it on the level of your root chain. If a sidechain is compromised their validators can double spend, and some users lose assets. Cant happen to channels by design.