Replying to Avatar gladstein

Met a (very clever and committed) miner who believes the lightning network is stealing his fees

I don’t agree but I learned a lot from our conversation

Good reminder that there are many, many kinds of Bitcoiners and that we need a strong marketplace of competing ideas to push everything forward
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Bill Cypher 10mo ago

I mine. I also haven't sent an on chain TX that wasn't a channel action in ages. I don't think the two are at odds.

nostr:nevent1qqsf8ssjeykj6enez92jpv9tp7fus7n7ckkxsj8lnpwj3wwppxg9hscppemhxue69uhkummn9ekx7mp0qgs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9srqsqqqqqppqj3xt

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Discussion

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rev.hodl 10mo ago

Is it necessary to have a permanent record of every monetary transaction? What information requires a permanent record?

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Bill Cypher 10mo ago

I think the other way. What can we possibly avoid keeping in a permanent record without breaking the security of the network?

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u32Luke 10mo ago

Yup, need on-chain transactions to secure the network.