Comment by spankloop on 21/12/2017 at 22:43 UTC*

166 upvotes, 9 direct replies (showing 9)

View submission: Lightning CEO Elizabeth Stark on Bloomberg, Discussing Lightning Network and the Future of Bitcoin

I thought that one of the analogies that Stark gave was pretty interesting. Stark described an increase in block size as increasing lanes in a road to ease congestion/traffic whereas using the lightning network is essentially teleportation.

Edit: Just to hijack this comment, I apologise as the title of the post is slightly misleading. As /u/starkbot pointed out below, Elizabeth Stark is CEO and Co-Founder of Lightning Labs, Lightning (Network) is the protocol.

Replies

Comment by Garandhero at 21/12/2017 at 22:46 UTC

146 upvotes, 6 direct replies

Savage. We have 8 Lane highways here, some of the biggest in the world and we still have the worst traffic in the world.

Larger block sizes aren't the answer. We need lightning.

Comment by [deleted] at 21/12/2017 at 23:04 UTC*

29 upvotes, 2 direct replies

[deleted]

Comment by starkbot at 22/12/2017 at 01:05 UTC

15 upvotes, 1 direct replies

👍

Comment by warlenhu at 22/12/2017 at 07:02 UTC

1 upvotes, 0 direct replies

I'm surprised she doesn't mention the negative effects of increasing cap to the blocksize. It's more akin to adding lanes to the road, that will remain there for all of eternity... And the extra lanes can potentially cause cracks on the existing road, and there is no solid way of repairing the cracks..

Comment by [deleted] at 22/12/2017 at 09:56 UTC

1 upvotes, 0 direct replies

Bcrash will use LN roger ver said in the CNBC interview a full admittal that his fork is a failure when many people start using brcash

Comment by [deleted] at 22/12/2017 at 01:46 UTC

2 upvotes, 1 direct replies

[deleted]

Comment by [deleted] at 22/12/2017 at 01:54 UTC*

-2 upvotes, 3 direct replies

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Comment by the_mad_medic at 22/12/2017 at 03:09 UTC

-1 upvotes, 0 direct replies

Tony Stark's sister is damn hot.

Comment by killerstorm at 22/12/2017 at 07:03 UTC*

0 upvotes, 1 direct replies

Stark described an increase in block size as increasing lanes in a road to ease congestion/traffic whereas using the lightning network is essentially teleportation.

Well, the difference is that you can get anywhere you want using a road; particularly, you can get to places never visited before.

On the other hand, teleportation happens between two points with established teleporters.

It's not clear you can replace cars with teleporters. Obviously, teleporters can off-load roads by offering instant transfer between popular locations. They might solve daily commute problem.

Also teleporters come with limitations. Mass on both ends need to be balanced. You actually cannot send any mass through it, you just take control of the mass which was pre-loaded at the other end.