I think it is. If they are only ~8miners you can't double spend even if the chain split. And if it's fine from the user perspective .. But I agree it's really weird, but interesting !
Answers from the thread : "No transactions has been lost" "I was splitting coins while this happened. All still worked just fine from the end user's perspective" It's ok, don't worry
"It's a feature. Not a bug"
"No transactions has been lost"
"I was splitting coins while this happened. All still worked just fine from the end user's perspective"
"It's a feature. Not a bug" "No transactions has been lost" "I was splitting coins while this happened. All still worked just fine from the end user's perspective"
Exactly. Don’t you have to exchange your btc for L-btc? Liquid btc? After majority btc are exchanged it will be time to increase the 21 million limit. Just like printing fiat system.
For LiquidBTC that is correct. You have to trust they (the 23 (I think) exchanges responsible of Liquid) won't scam you. It isn't correct for LN because the cryptography can't scam you
Lightning BTC are real BTC. Liquid BTC aren't. The whole point of Liquid is what you said. It isn't true for the LN I'm paid to be an sv shill, not to be anti btc
Lowering the cap isn't that dump I think but even if they propose an increase of the 21 limit it won't be accepted I think (and they would have to hard fork maybe)
"Its unclear that all of Lightning's theoretical additional layers are inflation proof. Lightning's biggest problem is lack of liquidity. Easily solved by printing money on demand. Don't say you weren't warned."
What do you mean ? You can't add inflation on LN because it's linked to the main chain and everyone has the whole blockchain to verify that