Why the Bitcoin Lightning Network is doomed to centralization & failure. [Hijacking Bitcoin, Chap 9]

0 45

Written by

Cryptocurrency Blogger - https://ColinTalksCrypto.com

5 months ago

Please share this with anyone who still thinks the LN is a workable solution. This video will elegantly dismantle any idea that LN is somehow a good solution.

This book and audiobook was written by Roger Ver and Steve Patterson. Full credit goes to them. As such, I have disabled monetization on this video so as not to profit from their work. Please support Roger and Steve by buying their book and audiobook at hijackingbitcoin.com

Note: I removed a portion of one paragraph toward the end of this chapter which recommended BCH as the solution. I did so in order to focus fully on the problems of the Lightning Network, without the reader feeling like a specific crypto solution was being pushed on them. The full content is still visible on the page for reading.

——————————————

Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

#bitcoin #btc #crypto #cryptocurrency #cbbi #news #blockchain #price

——————————————

⚡ ColinTalksCrypto.com ⚡

⚡ CBBI.info ⚡

💜 Tip me with crypto & leave me a note: https://cointr.ee/ctc

💜 Donation wallet QR codes: https://ColinTalksCrypto.com/ctc_crypto_wallet_qr_codes.png

💜 Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF

💜 Ethereum (ETH) address: 0x99B5e61c4c8Ca149d828c147AB587c5d081b376F

💜 Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t

💜 Terra (LUNA) address: terra1ft4y720qwq7rwwfe0gjg835hkzgzawy3482lk8

💗 YouTube: http://youtube.com/ColinTalksCrypto

💗 Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto)