Author: ZmnSCPxj 2019-04-08 10:45:29
Published on: 2019-04-08T10:45:29+00:00
The conversation between Aymeric and ZmnSCPxj revolves around the difference between colored coins and sidechains, their opinions on Ethereum and Bitcoin, the possibility of escrow disappearing, and their views on Lightning Network. ZmnSCPxj emphasizes the need for precision in terminology and defines a blockchain as a Merklized singly-linked list containing representations of transformations of state. While he does not consider Lightning Network a sidechain, he acknowledges that both federated sidechains and LN have a "federated" off-chain structure. He also explains that the security of LN is greater than typical federations as it requires consensus rather than a quorum.
Updated on: 2023-06-13T18:09:37.281176+00:00