wtf is the point of lighting again?
if it's true that lighting will require the main chain to scale 2 orders of magnitude
why is todd saying its the best solution as is pushes scaling to the high level? another lie?
LN isn't a 1 to 1 scaling solution like simply increasing the blocksize , but a p2p on the chain caching layer which can dramatically increase the amount of txs .
Look at the whitepaper and slides.
LN will allow for 133MB blocks to have ~unlimited Tx's
Simply raising maxBlockSize to 133MB will only give us 931 TPS
and LN allows allows us to incentivize nodes as well.
We cannot compete with Visa by simply increasing maxBlockSize in TPS... impossible without some radically never thought of before technology. We can if we use smart payment channels. It really is that simple.
I don't understand. Isn't the size of blocks the limit for number of tx?
Even if you change the network, a XMB block can still contain only an amount of Tx's proportionnal to X no?