20190331-BCHgallery
BCHgallery
-On March 27, a developer, Pokkst released a different kind of Bitcoin Cash (BCH) application called Bchgallery, an Android BCH wallet that is disguised as a generic photo gallery app.
-The platform aims to provide added security through obscurity by acting as a decoy application.
-Pokkst was a big BTC fan at one time and explained in a recent blog post that he “had high hopes for the Lightning Network.”
-However, Pokkst now considers the Lightning Network an “over-engineered mess.
-Trying to walk someone through depositing Bitcoin to a wallet, opening a channel and routing the payment through the network, then explaining why larger payments do not route well will kill adoption of the Lightning Network, despite the best intentions of current competing implementations of the protocol.
-He is not against the Lightning Network, but he thinks that the entire system itself could have been designed so so so much better than how it currently is.
-He is not opposed to larger blocks, to an extent. He sees 32MB currently as a reasonable block limit in terms of transactions-per-second and the cost of HDD space per GB. 128MB is currently too much (assuming blocks are full) and not really needed at the moment.
-Not to mention the hypocrisy. The biggest issue that stands out to him is that he agrees that we need to keep blocks small to keep nodes decentralized. However, why keeping 1MB block size limit , when the transaction fees have already come down from $50+ dollars in transaction fees (in 2017) and roughly $1.00 in transaction fees in 2019?
-He is not opposed to larger blocks, to an extent. He sees 32MB currently as a reasonable block limit in terms of transactions-per-second and the cost of HDD space per GB. 128MB is currently too much (assuming blocks are full) and not really needed at the moment.
-Not to mention the hypocrisy. The biggest issue that stands out to him is that he agrees that we need to keep blocks small to keep nodes decentralized. However, why keeping 1MB block size limit , when the transaction fees have already come down from $50+ dollars in transaction fees (in 2017) and roughly $1.00 in transaction fees in 2019?
-Wendy: maybe that’s why Cobra Commander said during the test, corporations found BCH is preferred than LTC for sending payments.
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