Quote:
Originally Posted by eddymitchel
I'm still a noob and didn't read much about side chain and sharding and other cool new stuff since most seem pretty theoretical still.
At the very least lightning network looks good on paper for the fast payment use case. Most of the fud I've read seems easy to debunk but we still need to see how effective the "network aspect will be", the p2p payment aspect seems functional already.
Yes, I was mostly +1-ing you, and then commenting on the post you responded to.
Quote:
Originally Posted by eddymitchel
One case that is interesting is litecoin imo, it's different enough from bitcoin for the payment on chain use case, it offers an alternative when bitcoin mempool is full, and with the atomic swap, it will really function as a 2nd network for bitcoins owners.
But will it be enough to remain a staple of crypto is still a big question?
I kind of like Litecoin, and have done so since last spring. It's pretty useless in theory, but in practice it serves a few purposes. It can work as a real money test bed for Bitcoin upgrades, a competing force on Bitcoin to evolve, and a low cost alternative, taking some of the pressure off when the fees are high. And it has a pretty large, ASIC protected hash rate securing it.