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I cited BGP. You've provided no technical details, only an ad hominem fallacy. Feel free to explain actual technical details of how LN does anything interesti
by 0wing 9y ago
I cited BGP.
You've provided no technical details, only an ad hominem fallacy.
Feel free to explain actual technical details of how LN does anything interesting, other than further centralize Bitcoin into centralized payment processor hubs?
As per the LN white paper:
8.4 Payment Routing
It is theoretically possible to build a route map
implicitly from observing 2-of-2 multisigs on the
blockchain to build a routing table. Note, however, this
is not feasible with pay-to-script-hash transaction
outputs, which can be resolved out-of-band from the
bitcoin protocol via a third party routing service.
Building a routing table will become necessary for large
operators (e.g. BGP, Cjdns). Eventually, with
optimizations, the network will look a lot like the
correspondent banking network, or Tier-1 ISPs.