The most compelling reason why SegWit + Lightning is the way to go

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The only feasible way I can come up with to protect the blockchain against transaction flooding, is to make such attacks economically unfeasible.

This means higher transaction costs on the blockchain. Moving the bulk of the transactions on the Lightning network and only clearing large numbers of them on the blockchain at once.

This moves the attack surface to the Lightning network. Correct me of I am wrong but an attack on the Lightning network would only affect a particular payment channel not the network as a whole.

What do you think?

submitted by /u/JerkkaKymalainen
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $57472.57 USD  (via Coinbase)
1 ETH = $3485.88 USD  (via Coinbase)
1 LTC = $356.51 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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