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Comment by DennisP

> state channels (ETH’s version of Lightning), but it is unclear whether main-chain issued ERC20 type tokens will be portable to this environment.

The Raiden project is the closest thing to Lightning, was recently deployed to the main chain, and explicitly supports any ERC20 token.

The article says Plasma is dead because...Peter Todd, a Bitcoin dev, claims they had a similar idea and rejected it? Meanwhile, on Ethereum a bunch of teams are actively working on it and the Loom project has a version up and running.

The article asks why if proof of stake is so great, didn't Ethereum just start with that? Because proof of stake had widely-recognized security flaws (like "nothing-at-stake"), and it took years of research to fix them all.

The entire article is of similar quality.

parent DennisP 7 years ago

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