Hey, would love to see a deep dive on rootstock and also a general video on the smart contract btc layer 2 boom going on right now and your thoughts on them.
I did a video on Sovryn awhile back in which I cover Rootstock if you’d like to check that out! Sovryn: A Financial Operating System For Bitcoin ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_QttkaqFsao.html But yes great suggestion and will definitely come back to the Bitcoin L2 discussion in future videos soon.
Did some research and it appears Lightening is not decentralized and is/could be highly influenced by Amazon and Google among other companies with a smaller stake.
Care to share the research? There are certainly some hardware centralization risks re: nodes being run in data centers controlled by the big providers, but the same is true for any technology. I can already run a Lightning node on something as simple as a raspberry pi at home or run a light client in my mobile phone. That said, I hope we continue to make it easier for users to run their own nodes.
What do you mean by “closed ecosystems” out of curiosity? Keep in mind in these videos I tend to go into some details that will be abstracted away completely for the end user. At the same time though, I hear what you’re saying esp. given that it’s yet to be proven how wallets will do said abstraction.
It's borderline ridiculous that BTC is unable to scale and big blocks Bitcoin BCH has fast and cheap transactions on L1 but the BTC Zealots still hate on BCH 🙄
Estimates say Bitmain control 70% of the BTC mining pools and manufacture most of the mining rigs, doesn't seem very decentralised on that front. CoinDance has BTC as 2,600X more expensive to transact on than BCH and BCH is currently more profitable to mine.The recent ABLA upgrade means automatic self adjusting block size for the future... I have some BTC but I think BCH will perform better over the next few halving cycles@@Sawa137
@@dsflat6785 bitmain hardware dominance is a problem, but everything else is either wrong or misleading in your comment. The pool operator doesn't have much power especially with stratum 2, the 2600x stat only shows the lack of demand for bch block space etc.
