5 ms·
Genuinely curious, what’s wrong with the lightning network?
by sosodev 6y ago
Genuinely curious, what’s wrong with the lightning network?
- dane-pgp 6y agoI don't know why the parent comment talked in such absolute terms, but these recent problems may be relevant: https://news.bitcoin.com/hidden-lightning-network-bug-allowed-spending-of-fake-bitcoins/ https://news.bitcoin.com/hidden-lightning-network-bug-allowe... https://news.bitcoin.com/mishap-sees-user-lose-30000-btc-on-lightning-network/ https://news.bitcoin.com/mishap-sees-user-lose-30000-btc-on-...
- CraigRood 6y agoBitcoin.com isn't a neutral source on LN related material. The parent company (St Bitts LLC) directly invest in Bitcoin Cash startups that compete directly with Bitcoin itself. The bug has already been patched, and had a limited userbase. The user who supposedly lost all his Bitcoin ended up not being true, vast majority was recovered. It's also worth noting that the user also deliberately went against various UI warnings that funds may be lost. https://github.com/lightningnetwork/lnd/issues/2468 https://github.com/lightningnetwork/lnd/issues/2468
- companyhen 6y agoLinking to a Bitcoin.com article about anything BTC is like linking to a Fox News opinion article on Obama.
- chx 6y agoIt's not the lightning network -- it's micropayments. Three days ago: https://news.ycombinator.com/item?id=23232978 https://news.ycombinator.com/item?id=23232978
- dylkil 6y agoFor starters the whitepaper concludes that a 133mb base block size is needed for it to work at scale. Bitcoin currently has a 1mb block size limit, which it will never increase.
- homakov 6y agoone design problem https://medium.com/@homakov/catch-22-of-lightning-network-inbound-capacity-7bdb4964e64a https://medium.com/@homakov/catch-22-of-lightning-network-in...