Random trip to Twitter and I found a bunch of ETH people sharing around some chart of Lightning that suggested that like 70% of the liquidity instantly (like straight line down) dropped off the network... and they all thought it was real.
Tons of comments like "it was already dead anyway," "of course, they will still defend it," and "not surprising, nobody uses it because it doesn't work."
What makes it so funny is that if they even knew how lightning worked it would be obvious that they were simply looking at a data bug 🤣 . Unless there was some sort of crazy attack, there's literally just no reason to shut down 70% of the channels across thousands of nodes ALL AT ONCE *even* if there was nobody using it (even though traffic is up like 1000% or more). There's no huge cost in just having it there unless a sudden risk emerges or there was simply one massive entity with all the liquidity that had a problem and their node crashed and shut down channels.
It's just not hard at all to understand that this was clearly just bogus data, and it took all of 3 seconds to find a different site and check it. But hundreds of commenters couldn't manage it 🤣
I legit thought we were past the "LIGhTNinG doEsN'T WoRK" phase but i guess i was just in a bubble since i use it as my primary money and payment network every single day.
TheGuySwann / Guy Swann
npub1h8…6rpev
2024-09-19 16:23:54
Author Public Key
npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpevPublished at
2024-09-19 16:23:54Event JSON
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"content": "Random trip to Twitter and I found a bunch of ETH people sharing around some chart of Lightning that suggested that like 70% of the liquidity instantly (like straight line down) dropped off the network... and they all thought it was real. \n\nTons of comments like \"it was already dead anyway,\" \"of course, they will still defend it,\" and \"not surprising, nobody uses it because it doesn't work.\"\n\nWhat makes it so funny is that if they even knew how lightning worked it would be obvious that they were simply looking at a data bug 🤣 . Unless there was some sort of crazy attack, there's literally just no reason to shut down 70% of the channels across thousands of nodes ALL AT ONCE *even* if there was nobody using it (even though traffic is up like 1000% or more). There's no huge cost in just having it there unless a sudden risk emerges or there was simply one massive entity with all the liquidity that had a problem and their node crashed and shut down channels.\n\nIt's just not hard at all to understand that this was clearly just bogus data, and it took all of 3 seconds to find a different site and check it. But hundreds of commenters couldn't manage it 🤣\n\nI legit thought we were past the \"LIGhTNinG doEsN'T WoRK\" phase but i guess i was just in a bubble since i use it as my primary money and payment network every single day.",
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