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I'm really looking forward to the Lightning Network and all the efforts being put in by Blockchain.info, Blockstream, and others. But I was wondering if there aren't other options for decentralised scaling besides LN?
In particular, are there are other decentralised+offchain scaling models that have been suggested beside hub-and-spoke?
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The obvious one would be side chains, the idea being that the transactions on the side chain would be off the main chain. Most other scaling solutions are either on-chain or centralized. For example, segwit and block size increases are on-chain and using a service like coinbase to move coins off-chain are clearly centralized.
Any off chain solutions in the works currently? I would like to see some competition to LN, since LN nodes are said to have to register within the US. – hakunin – 2017-11-08T07:50:32.657
Channel Factories is a recently proposed scaling technology - a layer between bitcoin and lightning network https://bitcoin.stackexchange.com/questions/67158/what-are-channel-factories-and-how-do-they-work
– Aleksandr Levchuk – 2018-01-07T22:17:27.217I’m working on one but it’s (off-topic here because) not proof-of-work (thus not about Bitcoin), because proof-of-work can never scale transaction volume securely.
– Shelby Moore III – 2019-02-09T13:20:48.727Related: https://bitcoin.stackexchange.com/q/63375/5406
– Murch – 2019-04-13T21:50:13.733