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There are several oversimplifications to watch out, but still interesting.

  • null_radix@lemmy.ml
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    2 years ago

    I agree; but what @dessalines@lemmy.ml says still holds true I think. Most transaction should probably use layer 2 solutions such as lightning network and only fall back to the blockchain in cases for dispute or settlement which should be a rather infrequent event compared to transacting.

      • null_radix@lemmy.ml
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        2 years ago

        ok, well then replace lightning with payment channels in general then. Why is lightning a scam?

        • guojing@lemmy.ml
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          2 years ago

          Because you have to trust some huge, centralized nodes which can steal your money, or charge extra fees. So basically a bank.