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> lots more still to do to address its current flaws That is a bit of an understatement, given that actually implementing a routing algorithm that works at sca
by user-the-name 5y ago
> lots more still to do to address its current flaws
That is a bit of an understatement, given that actually implementing a routing algorithm that works at scale is an open problem in computer science with nobody even knowing where to begin.
- gwicks56 5y agodoesn't the internet route at scale?
- DennisP 5y agoThe internet doesn't have nodes that stop working if too many packets go through. Lightning nodes only work as long as they have enough liquidity to cover your transaction.
- ashwagary 5y agoRemember that the lightning network actually doubled in capacity recently over a few months and that channels increase in size as the bitcoin price goes up. Meaning a channel with $2000 of capacity today will have ~$20,000 of capacity by the next halving (assuming we continue the 10x trend) without any changes. This results is a decreasing failed transaction rate for increasing sizes of transactions as we move into the future.
- lawn 5y agoNot in a decentralized manner where nodes can enter and leave in a permissionless manner and in adverserial conditions.
- orena 5y agoThere is a solution to that, if they remove the making on channels in/out funds the problem is solved...