If you (A) sends to B (outside the US) and B sends to C (in the US), then A is still liable.
"The payment will be wired through B and C. Following the six degrees of separation principle, Lightning will connect you to any user in the world sooner than may seem."
https://www.bitstamp.net/lightning-network-node/?source=post_page---------------------------
Sorry - that is NOT what the small world network allows
The fact there are connections does not lead to a path in 6 hops. This is a terrible problem, like a Knapsack, this requires checking a factorial level of path options
As lightning scales - the number of paths increases - super exponentially
That has 2 paths
BUT...
If there are 10 people - there are far more paths
1000... with each having no more than 5 connections forget it
CSW
Feb 16, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645040943252239?thread_ts=1645040943.252239&cid=C5131HKFX
https://t.me/CSW_Slack/4033
"The payment will be wired through B and C. Following the six degrees of separation principle, Lightning will connect you to any user in the world sooner than may seem."
https://www.bitstamp.net/lightning-network-node/?source=post_page---------------------------
Sorry - that is NOT what the small world network allows
The fact there are connections does not lead to a path in 6 hops. This is a terrible problem, like a Knapsack, this requires checking a factorial level of path options
As lightning scales - the number of paths increases - super exponentially
That has 2 paths
BUT...
If there are 10 people - there are far more paths
1000... with each having no more than 5 connections forget it
CSW
Feb 16, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645040943252239?thread_ts=1645040943.252239&cid=C5131HKFX
https://t.me/CSW_Slack/4033
Bitstamp
Lightning Network – Bitstamp
The Lightning Network enables instant Bitcoin payments with almost zero fees. Learn about the Lightning Network and connect to Bitstamp’s node.
https://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=8612034
"Decentralized means non-existence of a central bank. Emitters of this currency are the users or holders of "mining" computers who verify the transactions."
This simply defines "decentralisation" as a system without a central bank that has at least ONE miner
The authors contradict themself in the report.
First they claim nodes "mine"
They then state there are up to 100,000 nodes
As there are only 15 systems on BTC creating blocks, there is a contradiction here
Qualitative methodologies may explain the reason why individuals such as Mechkaroska, Dimitrova and Popovska-Mitrovikj (2018) hold a deep animosity towards scaling on-chain but will not allow for a solution that scales to be created. These authors note, “A major argument against block size increase is that it will cause increased centralization.” This perception and the reason to avoid scaling could be investigated.
This claim is something that may be tested - scientifically
Measure nodes. 15 right now in BTC
Count nodes
Not difficult
Right now, BTC has $111 fees - plus or minus
The fees are subsidised, but these are still paid for, and this will need to be addressed
CSW
Feb 16, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645049238698609?thread_ts=1645049238.698609&cid=C5131HKFX
https://t.me/CSW_Slack/4035
"Decentralized means non-existence of a central bank. Emitters of this currency are the users or holders of "mining" computers who verify the transactions."
This simply defines "decentralisation" as a system without a central bank that has at least ONE miner
The authors contradict themself in the report.
First they claim nodes "mine"
They then state there are up to 100,000 nodes
As there are only 15 systems on BTC creating blocks, there is a contradiction here
Qualitative methodologies may explain the reason why individuals such as Mechkaroska, Dimitrova and Popovska-Mitrovikj (2018) hold a deep animosity towards scaling on-chain but will not allow for a solution that scales to be created. These authors note, “A major argument against block size increase is that it will cause increased centralization.” This perception and the reason to avoid scaling could be investigated.
This claim is something that may be tested - scientifically
Measure nodes. 15 right now in BTC
Count nodes
Not difficult
Right now, BTC has $111 fees - plus or minus
The fees are subsidised, but these are still paid for, and this will need to be addressed
CSW
Feb 16, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645049238698609?thread_ts=1645049238.698609&cid=C5131HKFX
https://t.me/CSW_Slack/4035
ieeexplore.ieee.org
Analysis of the Possibilities for Improvement of BlockChain Technology
Bitcoin and Smart Contract are the first major applications of the BlockChain technology. But, with increasing the number of transactions, the process of verification on every transaction is very slow. This is the reason for a third major innovation called…
👍2
I am not here to help you sell bitcoin. I should not need to help you if you want to sell a world with less corruption to people. A world where people are held accountable for their actions and one where short-term manipulations take second place to long-term stewardship is one that most people in society would be happy to embrace.
Greg and others will find that they can do very little now and the truth that you know of is only the tip of the proverbial iceberg. It does not matter whether you like intellectual property, you live in a world of property rights and not one of Communist redistribution. It doesn't matter whether you think other people should be forced to work for you and allow you to use the product of their work effort without payment, for that is what a world without patents really is. If you don't like something, crying about it will do little.
More importantly, not a single thing you say about me will stop me from working or creating. You won't manage to slow me, divert me or change what I'm doing. The time where you could have done that is passed.
CSW
Jun 29, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1593418653139000
Greg and others will find that they can do very little now and the truth that you know of is only the tip of the proverbial iceberg. It does not matter whether you like intellectual property, you live in a world of property rights and not one of Communist redistribution. It doesn't matter whether you think other people should be forced to work for you and allow you to use the product of their work effort without payment, for that is what a world without patents really is. If you don't like something, crying about it will do little.
More importantly, not a single thing you say about me will stop me from working or creating. You won't manage to slow me, divert me or change what I'm doing. The time where you could have done that is passed.
CSW
Jun 29, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1593418653139000
❤2
The most basic human right is the right to property.
This right is always taken by the collectivist, the communist.
In this, most have the most fundamental aspects of humanity taken away, that is without property, they lose hope.
Without property, there is no justice
Justice is not just law and legality, it is doing what is right.
we need religion ensures we are not enslaved to property, to allow us to understand the spiritual and to reject the purely materialistic
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645520325288609?thread_ts=1645520325.288609&cid=C5131HKFX
https://t.me/CSW_Slack/4043
This right is always taken by the collectivist, the communist.
In this, most have the most fundamental aspects of humanity taken away, that is without property, they lose hope.
Without property, there is no justice
Justice is not just law and legality, it is doing what is right.
we need religion ensures we are not enslaved to property, to allow us to understand the spiritual and to reject the purely materialistic
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645520325288609?thread_ts=1645520325.288609&cid=C5131HKFX
https://t.me/CSW_Slack/4043
Telegram
CSW - Slack Channel
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645520325288609?thread_ts=1645520325.288609&cid=C5131HKFX
https://t.me/CSW_Slack/4043
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645520325288609?thread_ts=1645520325.288609&cid=C5131HKFX
https://t.me/CSW_Slack/4043
👍2
Those who dropout want to teach you that education doesn't matter.
Those who are rich want to teach you that money is credit. Those running credit want to make sure that you don't use cash.
Lightning and the other systems built on top of BTC merely seek to replicate the existing structure. They merely want to become paid hubs that take a percentage of the money you transfer. They want to sit and watch and hold your money and charge you for that privilege.
With bitcoin, the system is cash.
The money that you hold doesn't have a charge upon it.
The money that you hold you own.
With lightning, the system charges you a percentage of every transaction. The system charges you to keep channels open.
Instead of cash, you are returned to a credit-based system that others control.
I slowly convert Universities
I have made progress in a few, Exeter, GCU, Liberty a few others.
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645531347323099?thread_ts=1645531347.323099&cid=C5131HKFX
https://t.me/CSW_Slack/4046
Those who are rich want to teach you that money is credit. Those running credit want to make sure that you don't use cash.
Lightning and the other systems built on top of BTC merely seek to replicate the existing structure. They merely want to become paid hubs that take a percentage of the money you transfer. They want to sit and watch and hold your money and charge you for that privilege.
With bitcoin, the system is cash.
The money that you hold doesn't have a charge upon it.
The money that you hold you own.
With lightning, the system charges you a percentage of every transaction. The system charges you to keep channels open.
Instead of cash, you are returned to a credit-based system that others control.
I slowly convert Universities
I have made progress in a few, Exeter, GCU, Liberty a few others.
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645531347323099?thread_ts=1645531347.323099&cid=C5131HKFX
https://t.me/CSW_Slack/4046
Telegram
CSW - Slack Channel
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645531347323099?thread_ts=1645531347.323099&cid=C5131HKFX
https://t.me/CSW_Slack/4046
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645531347323099?thread_ts=1645531347.323099&cid=C5131HKFX
https://t.me/CSW_Slack/4046
When you use the lightning network, each hop or know that you go through charges a percentage of the transaction.
So if you go through one node you pay 1%
If you go through three nodes you can pay 3%
If you go through 10 nodes... I guess you get the result?
So, if you think about $100 fee the lightning network will charge you one dollar for the transaction and more for keeping and maintaining the channel
@Bernhard Müller
Yes and this is a multilevel knapsack problem
This is NP complete and NP hard simultaneously
Yet, they believe they will solve it
unfortunately, most of them dropped out of university so have no fundamental notion of the theory behind computer science
Remember, being a developer or coder does not mean that you are a computer scientist
Whilst you are correct in noting that some of them did not drop out, I still find it amazing how little understanding that they have of problems with complexity
and how little respect they have for the difficulty of these problems
If you think about the cost structure and incentives it becomes clear
Use a star hub with one hop and pay 1%. So on a $100 transaction you pay one dollar plus the channel fee
If you have a larger hub connected to multiple other ones and you have five hops, then the total cost will be around 5% and you're paying five dollars on top of the hundred dollar you need to pay and that is significantly more than a single hop
Consequently, people are just going to use the individual centralised hubs and not care
The system forms into a star based network topography and mirrors the existing banking and credit system
some innovation
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645531802796999?thread_ts=1645531802.796999&cid=C5131HKFX
https://t.me/CSW_Slack/4049
So if you go through one node you pay 1%
If you go through three nodes you can pay 3%
If you go through 10 nodes... I guess you get the result?
So, if you think about $100 fee the lightning network will charge you one dollar for the transaction and more for keeping and maintaining the channel
@Bernhard Müller
Yes and this is a multilevel knapsack problem
This is NP complete and NP hard simultaneously
Yet, they believe they will solve it
unfortunately, most of them dropped out of university so have no fundamental notion of the theory behind computer science
Remember, being a developer or coder does not mean that you are a computer scientist
Whilst you are correct in noting that some of them did not drop out, I still find it amazing how little understanding that they have of problems with complexity
and how little respect they have for the difficulty of these problems
If you think about the cost structure and incentives it becomes clear
Use a star hub with one hop and pay 1%. So on a $100 transaction you pay one dollar plus the channel fee
If you have a larger hub connected to multiple other ones and you have five hops, then the total cost will be around 5% and you're paying five dollars on top of the hundred dollar you need to pay and that is significantly more than a single hop
Consequently, people are just going to use the individual centralised hubs and not care
The system forms into a star based network topography and mirrors the existing banking and credit system
some innovation
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645531802796999?thread_ts=1645531802.796999&cid=C5131HKFX
https://t.me/CSW_Slack/4049
Telegram
CSW - Slack Channel
CSW
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645531802796999?thread_ts=1645531802.796999&cid=C5131HKFX
https://t.me/CSW_Slack/4049
Feb 22, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645531802796999?thread_ts=1645531802.796999&cid=C5131HKFX
https://t.me/CSW_Slack/4049
A question
Where are "relay fees" mentioned in my White Paper?
Step one:
1) New transactions are broadcast to all nodes.
If a node gets a TX, it sends it.
If it has zero fees - it sends it
The node can choose to include a TX in a block or not if there are no fees
STOP trying to engineer markets - these ocur as an emergent state and all these collectivist BS ideas need to end
SImple statement.
I expect a race to the bottom as people keep stating - I will be pushing TAAL to have 50 sat fees by the end of the year and to move that lower next year. MAXIMUM
For a standard 1 in TX with one and change...
Data, will end as more, but that is for miners to FIGHT OUT
Note - TO FIGHT OUT, tooth and bone.
A race to as low as possible and utility rates
If this means 0.5% profit but 10 billion TPS - GOOD!
If you do not like competition, if you do not want lower fees and the consumer to benifit....
Leave.
BCH and BTC have places for people wanting to make and engineer controlled systems
Rubix cubes...
CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645617735183039
https://t.me/CSW_Slack/4053
Where are "relay fees" mentioned in my White Paper?
Step one:
1) New transactions are broadcast to all nodes.
If a node gets a TX, it sends it.
If it has zero fees - it sends it
The node can choose to include a TX in a block or not if there are no fees
STOP trying to engineer markets - these ocur as an emergent state and all these collectivist BS ideas need to end
SImple statement.
I expect a race to the bottom as people keep stating - I will be pushing TAAL to have 50 sat fees by the end of the year and to move that lower next year. MAXIMUM
For a standard 1 in TX with one and change...
Data, will end as more, but that is for miners to FIGHT OUT
Note - TO FIGHT OUT, tooth and bone.
A race to as low as possible and utility rates
If this means 0.5% profit but 10 billion TPS - GOOD!
If you do not like competition, if you do not want lower fees and the consumer to benifit....
Leave.
BCH and BTC have places for people wanting to make and engineer controlled systems
Rubix cubes...
CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645617735183039
https://t.me/CSW_Slack/4053
Telegram
CSW - Slack Channel
CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645617735183039
https://t.me/CSW_Slack/4053
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645617735183039
https://t.me/CSW_Slack/4053