Viewing profile — rj123
rj123
HN member- Joined
- Thu, Sep 07, 2017, 10:34 PM UTC
- HN karma
- 10
- Public activity
- 6 items
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About rj123
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Recent public activity
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Comment #15198447
Segwit was just activated on Bitcoin around two weeks ago. Among other things, segwit includes a fix for txn malleability needed to facilitate a lightning network implementation on…
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Comment #15197086
They discovered this on July 29, the CFO and two other senior executives sold shares 3 days later. They are just now reporting it (when most of the news coverage is focused on the …
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Comment #15197067
That's unlikely. Bitcoin cash isn't accepted anywhere yet, and unlike Bitcoin it does not have Segwit, and thus no layer2/lightning network support. It's 8MB blocks only up the on-…
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Comment #15196946
The main use case is small payments. You open a channel locking X amount of funds, and then can send or receive small payments to/from other parties on the network without broadcas…
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Comment #15196860
I think you misread my response, or maybe I wasn't clear, since I agree with you. I said the lightning network has no security on it's own. It requires an underlying blockchain on …
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Comment #15196426
The lightning network has no security (protection against double spend) on it's own. It relies on the underlying blockchain for that.