Lightning in practice is not p2p. Due to it's nature it consolidates into massive nodes people must route thru if you want the cheapest fees and transactions that don't fail.
LN limits the value you can transfer.
Arguably not final settlement (Nothing is until on chain)
You can be force closed making you pay on chain fees anyway.
npub169n9eaf0t20j0nefwqlqtnqcpsym22k2nw6e3tevtrrru4et7wrsh5w47v
And ~96% of users are on custodial wallets because of its terrible sovereign UX.
Many other problems besides these...all of these sacrfices to be able to scale and it still can't scale. What a bad trade.
SaberhagenTheNameless / Saberhagen The Nameless
npub14a…yz6rn
2023-09-11 07:38:12
in reply to nevent1q…3d3c
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2023-09-11 07:38:12Event JSON
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"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1694417892,
"kind": 1,
"tags": [
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"content": "Lightning in practice is not p2p. Due to it's nature it consolidates into massive nodes people must route thru if you want the cheapest fees and transactions that don't fail.\n\nLN limits the value you can transfer.\n\nArguably not final settlement (Nothing is until on chain)\n\nYou can be force closed making you pay on chain fees anyway.\nnpub169n9eaf0t20j0nefwqlqtnqcpsym22k2nw6e3tevtrrru4et7wrsh5w47v\n\nAnd ~96% of users are on custodial wallets because of its terrible sovereign UX.\n\nMany other problems besides these...all of these sacrfices to be able to scale and it still can't scale. What a bad trade.",
"sig": "ccb44683f48fa19c73d9a040eb58ef85d1d9a773b3e882084958cd63bcd13aba2659724931f9e798e119fbbc5a7994b04f0525c799aa8239e5ab4554d274780e"
}