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RE: Litecoin- Is the lightning network good for blockchain?

in #litecoin7 years ago

I don't think there will be a hard fork on bitcoin as it really is in no one's best interest for the value of BTC to fall. Listening to recent news it seems like there will be an agreement met before Aug 1.

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I agree tension has died down. But I have no doubt chinese asic miners will hold their ground. Even if a compromise is met the asic miners will get some benefit and lead the coin further down to centralization. Ripple and BNT have proven the current normal crypto investors do not like centralization so I believe things can be rocky.