On Wednesday, Ethereum founder Vitalik Buterin tweeted: “I’m getting more pessimistic about off-chain data L2 as time goes on. @vladzamfir is correct, they are just hard to build, require too much application-level reasoning about incentives, and are hard to generalize.
“I like Vitalik and ETH, but speed and capacity was a problem a year ago, but now it’s basically solved for the new blockchain,” CZ said. We need to increase the number of applications that people can actually use in case we run into new capacity/limitation issues again. Focus on the app.”
V god first objected to Zhao Changpeng’s view that the new batch of blockchain projects did not solve the scalability problem at all, even the newer semi-central blockchain only has hundreds of TPS; AFALK and EOS already have scalability bottlenecks.
When God V questioned this, enthusiasts immediately said, why not consider a second-tier solution like the Lightning Network? This leads to V god’s concern for the second layer of the network.
Why the pessimism about layer 2 networks like the Lightning network?
1. It takes a long time to build a lightning network
Anyone who follows the progress of Lightning Network will be aware of the “18 months” meme, which refers to the slow pace of development of Lightning Network. Even so, lightning Network is still in beta, and its developers have said not to put a lot of money into the network. If such an immature network is built on Ethereum, it will take some time to settle in.
2. Economic models are unreasonable and difficult to generalize
This is a point that V god mentioned in a tweet, and one of the lightning network’s biggest criticisms is that it’s hard to spread. It is true that the fees for transferring money within the Lightning network are low, but it requires someone to use it, just as Alipay is convenient, but its usefulness is much diminished if it is not widely rolled out. A node in the Lightning network can only transfer money to another node. After receiving bitcoin, it also needs to withdraw the money, which undoubtedly adds trouble for ordinary users. In addition, according to the network maximum node
The people who run LNBIG.com say they have been living beyond their means for a long time and have been reducing their costs.
3. The existing lightning network is not working well
This is the state of the art at the time of writing in The Lightning Network, where the number of channels and the amount of bitcoin in the network are both declining, perhaps not significantly, but what if this has been happening for months? In fact, since the lightning torch flameout, lightning network has been in a state of tepid development, development almost standstill.
The BCH main chain is good enough to accommodate all transactions and applications easily
Compared to the second floor of block chain V god the concerns of the network, he another solution for the currency congestion BCH attitude is opposite, and more than once praised BCH community developers and the technical concept, also recently in the etheric fang technology BBS recommended the use of BCH block chain ether on “data”, To alleviate ethereum’s scalability issues in the short term.
V god as a second archduke chain etheric lane, the founder of the its own understanding of the block chain and encryption currency is much higher than that of ordinary developers, so he deserves all the lovers to ponder, and his friendly attitude of BCH, also reflects the BCH block from the side chain in technical superiority, at least in terms of processing trade, better than many mainstream currency.
In addition to transactions, the developers of BCH are also actively exploring other application scenarios of blockchain, such as coin issuing and social networking functions, which have achieved good results so far. However, BCH does not rule out the possibility of a second layer network, as developers will respond as soon as there is demand from users and the market or the technology is mature enough.
This article is reprinted from wechat official account BitcoinCash