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> [..] there is no 'payment layer' on top of it, only pie-in-the-sky designs. That is completely false. Development of Lightning Network and other solutions by
by VMG 9y ago
> [..] there is no 'payment layer' on top of it, only pie-in-the-sky designs.
That is completely false. Development of Lightning Network and other solutions by multiple teams has been steady and robust. To cite a few working on LN:
* https://github.com/ElementsProject/lightning https://github.com/ElementsProject/lightning
* https://github.com/acquia/lightning https://github.com/acquia/lightning
* https://github.com/lightningnetwork/lnd https://github.com/lightningnetwork/lnd
- Laforet 9y ago> * https://github.com/acquia/lightning https://github.com/acquia/lightning This project is a web development tool and has nothing to do with crypto. Back to your comments on the state of LN development, I would not call it robust when the current implementation requires every client to monitor the blockchain 24/7 just in case a node attempts to cheat the system, and there is a good chance the cheater will succeed when the settlement layer becomes congested. For now they are very much pie in the sky.
- VMG 9y agoSorry, I was thinking of https://github.com/ACINQ/eclair https://github.com/ACINQ/eclair (probably because of the letters a c q) Channel monitoring will be outsourced. I did not claim everything was finished, but it is far from pie-in-the-sky. Off-chain scaling is the only way to scale bitcoin as a day-to-day payment system, and always has been. This must have been clear to everybody from the start.