4 ms·
> 1) It has a delay > 2) Transfer fees My understanding is that the entire goal of the LN project was to alleviate these by taking individual transactions off
by helen___keller 6y ago
> 1) It has a delay
> 2) Transfer fees
My understanding is that the entire goal of the LN project was to alleviate these by taking individual transactions off-chain by setting up collateral upfront. Was it not successful?
- proverbialbunny 6y agohttps://news.bitcoin.com/lightning-network-exploits-continue-to-hinder-the-bitcoin-scaling-solution/ https://news.bitcoin.com/lightning-network-exploits-continue...
- alwillis 6y agoMy understanding is that the entire goal of the LN project was to alleviate these by taking individual transactions off-chain by setting up collateral upfront. Was it not successful? Check out this LN dashboard: https://1ml.com https://1ml.com It's been pretty successful but there are kinks that need to get worked out as others have mentioned in the thread.