📅 Original date posted:2017-11-16
📝 Original message:
I came across a thread discussing lightning network on reddit. A comment
was stating there is an unresolvable issue with the concept of lightning
network, related to routing. Quoting the comment:
"The problem is, actually scaling and preventing decentralization requires
far more than a nice UX that lets you shoot tx from alpha-tester-A to
alpha-tester-B, and Lightning currently utterly fails at both of them. It
can't scale to 100,000 users due to routing difficulties; nor does it has
any plan of bootstrapping to "everyone using it" without the hubs
hypercentralizing to a few "liquidity providers" (read:banks); nor does it
have any plans to have actual security on a congested blockchain with high
fees. As a scaling solution, Lightning is a lot worse than the blockchain
itself right now."
Can somebody comment on this? Thanks!
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Ivan Raszl [ARCHIVE] /
npub1rs…7kw00
2023-06-09 12:47:42
in reply to nevent1q…dykz
Author Public Key
npub1rsgpqhhg3fvxvw839eg9asgnpqxhd5sxpv3z5y0arsnvhyqshk9qk7kw00Published at
2023-06-09 12:47:42Event JSON
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"content": "📅 Original date posted:2017-11-16\n📝 Original message:\nI came across a thread discussing lightning network on reddit. A comment\nwas stating there is an unresolvable issue with the concept of lightning\nnetwork, related to routing. Quoting the comment:\n\n\"The problem is, actually scaling and preventing decentralization requires\nfar more than a nice UX that lets you shoot tx from alpha-tester-A to\nalpha-tester-B, and Lightning currently utterly fails at both of them. It\ncan't scale to 100,000 users due to routing difficulties; nor does it has\nany plan of bootstrapping to \"everyone using it\" without the hubs\nhypercentralizing to a few \"liquidity providers\" (read:banks); nor does it\nhave any plans to have actual security on a congested blockchain with high\nfees. As a scaling solution, Lightning is a lot worse than the blockchain\nitself right now.\"\n\nCan somebody comment on this? Thanks!\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/lightning-dev/attachments/20171116/e5eb6914/attachment.html\u003e",
"sig": "9327e179385396099536c559a09bdc95a587b65fcc7920365519911d83979dba08b74aea6859f8ee0616a657b97225e4366968932d4744820d1ee49ce64cc62b"
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