Ivan Raszl [ARCHIVE] on Nostr: 📅 Original date posted:2017-11-16 📝 Original message: I came across a thread ...

📅 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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