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Lightning requires that both sender and receiver be online at the same time to transact. Lightning was not ready when Bitcoin capacity was crippled by the afor
by FreeTrade 7y ago
Lightning requires that both sender and receiver be online at the same time to transact.
Lightning was not ready when Bitcoin capacity was crippled by the aforementioned tiny cabal of developers in favor of Lightning.
Lightning remains unready, forever 18 months away from the promised usable technology.
- DennisP 7y agoLightning also requires funds recipients to monitor their channels continuously, to make sure they're not closed early with obsolete balances. At least you can pay someone to do that for you.
- bduerst 7y agoLightning is basically digital third-party checks. There's a myriad of reasons people don't buy things with third-party checks.
- alwillis 7y agoLightning remains unready, forever 18 months away from the promised usable technology. This is provably false. Lightning is huge and growing: * more than $6 billion USD in liquidity * nearly 11,000 nodes * tens of thousands of transactions daily * a growing ecosystem (https://www.lopp.net/lightning-information.html https://www.lopp.net/lightning-information.html) You can see the real-time stats at https://1ml.com/ https://1ml.com/
- leondavibe 7y ago6B Did you not mean Million Cause LN certainly does not have 800 000btc in liquidity A few months ago the biggest LN channel operator said average 200-300transactions a day netting him a profit per month of $20 Reality and dreams rarely meet
- cedivad 7y ago*billion => million.
- mrb 7y agoGrossly incorrect stats you gave here... There is only $6 million in capacity, not $6 billion. Daily transactions are more likely in the few hundreds per day, not tens of thousands. Although this can't be determined with accuracy.