Cconvert2G36
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January 14, 2016, 05:05:39 AM

Did I say LN? I can think of 21 million reasons that there will be more solutions than just open source pre-paid payment channels.

Sure, Like their product "Liquid"? Why Shouldn't hard work and innovation be rewarded whether its with Blockstream product liquid, Coinbases products like shift , or any other company. We all benefit from these competing products.

Not necessarily like Liquid, but yes, proprietary software and networks where money can actually be made. Like Coinbase, their investors want ROI. Unlike Coinbase, their employees and founders (currently) have and are exercising the power to veto any hardfork, even a bump to 2MB.

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Your fears are completely misguided as you assume some sort of control or lock-in with developers or code when the reality is that we can go completely down the rabbit hole of core with LN framework and easily revert back to an XT model. The greater concern should be on the centralization of ASIC manufacturing, node count and Pool mining.

Who is this we you're talking about? Soft forks don't require consensus. 60% of current nodes are not running the latest Core release. Do you know what happens to the (real, verifying) node count when segwit happens? The free market will handle ASIC and Pool concentration, as it always has. It may concentrate further, it may not... not to be "fixed" by the central Core politburo and their apparatchiks.