Custodial Lightning doesn't scale Bitcoin. If that was true any crypto could claim it scales via IOUs.
Discussion
I read you and thought you have some kind of retardation because your statement is on the level of saying the earth is flat, then I noticed you are a shitcoin monero follower and you don't understand Lightning.
I've always acted civil with you Cypher because I thought you were an honest actor, even if we disagree on some things, but just calling me retarded and a "shitcoin monero follower" is weak
You didn't even address why I'm wrong. You're just angrily name-calling.
Custodians don't scale anything. It's a cop-out answer to scaling.
IOUs can be censored, confiscated, and fractionally reserved. We already had custodians before Bitcoin nothing special about it. It's the problem Bitcoin was trying to solve.
this is always what happens. we are trying to join forces not fight them, we would be the first people to advocate for more privacy for bitcoin and for it to be stronger against the state, and this is always the final conclusion of a bitcoiner: block monero bros, call it a shitcoin.
thankfully there's no blocking on nostr, and it's why we need more of us here, we can share the facts and readers can see that OPs have something to hide. it's a shame, but this just makes XMR stronger and is the exact reason it's easier to just move over than to try to do anything meaningful on btc. The results will speak for themselves with time
Blocked me lmao. Bitcoin maxi fragility increasing over time it seems.
You're a litmus test to see how often I should prune my following list. Verita also, before he fucked back off to the fedi AGAIN.
How exactly does Monero scale when it trades privacy for blockchain bloat?
If what Cypher is saying is true, then every cryptocurrency scales. You just need a custodian to hand out IOUs to users denominated in any crypto of your choice 🤷♂️
But seriously answering your question, Monero is going to enable FCMP later this year which enables L2s. I've seen ZK rollup PoCs being discussed. Too early to say what that will be though.
By the way Bitcoin isn't even a particularly scalable design. Any variant of DAG(Nano) or MimbleWimble(Grin, Beam, MWEB) puts Bitcoin to shame in regards to blockchain bloat
