On Fri, 23 Mar 2018 20:21:10 +0000 Steven Schear <schear.st...@gmail.com> wrote:
> On Fri, Mar 23, 2018, 1:12 PM juan <juan....@gmail.com> wrote: > > > > > > > Wu high rollin... > > > > > > https://cryptocurrencynews.com/daily-news/blockchain/jihan-wu-fund-blockchain-central-banks/ > > > > > > Not sure if grarpamp posted that link, but anyway I wonder > > what he thinks about it. > > > > wu is the monopolist, IP mafiosos producer of mining asics > > for bitcoin. He's one of the persons behind the bitcoin cash fork. > > > > BCash and its Bitcoin Unlimited ilk are doing the cryptocurrency > community a great service by researching and developing proposed > on-chain scaling solutions, of course it's fine for them to compete with bitcoin and find out how on chain scaling works. > which are surely more reliable, than the > current crop of off-chain solutions but transactions on the bitcoin blockchain aren't exactly good for privacy. On the other hand, *IF* the lightning network works as advertised, with true p2p transactions, onion routing and whatnot then privacy would hopefully improve. > (eventually off-chain is probably > the only viable solution to high-volume, low-cost, cryptocurrency > transactions). sp there isn't a clear answer as to what to do now, because if '2nd layers' are needed in the long run, then starting to test them and use them now wouldn't be a bad idea. for the record(again) I don't trust either of the camps. Both make some good and some bad points. > > > And assuming tbat article isn't pure fake news, he's a > > fucking retard who > > > > "Plans to Fund More than 20 Blockchain Central Banks" > > > > just in case the painfully obvious needs to be re-stated, > > 'we' don't need 'blockchain central banks' whatver the fuck they > > are. > >
