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The latest on scaling is that not much has happened for years. Lightning cannot scale on it's own as Bitcoin will be the bottleneck, and when fees rise Lightni
by lawn 6y ago
The latest on scaling is that not much has happened for years.
Lightning cannot scale on it's own as Bitcoin will be the bottleneck, and when fees rise Lightning will stop being efficient for small transactions (since you need to pay an expensive Bitcoin fee to open a channel). Even the Lightning Network whitepaper says it needs much larger blocks.
Yet the Bitcoin devs are focusing on Segwit and Schnorr, which are woefully inadequate for any sort of scale. At this point it seems clear if you're looking for Bitcoin scaling, best look at other cryptocurrencies.