4 ms·
not instantaneously, and with outrageously big fees (which will only increase due to the limited supply). And no recourse if someone manages to steal stuff? No,
by vrighter 3y ago
not instantaneously, and with outrageously big fees (which will only increase due to the limited supply). And no recourse if someone manages to steal stuff? No, that is the opposite of protection.
- adastra22 3y agoLightning transfers are instantaneous and low fee. No recourse is the complement of self sovereignty. It is a tradeoff to be made.
- MBCook 3y agoRight. That’s why the FDIC and police exists. Society decided this 100 years ago. We don’t like the Wild West and scams. We like safety.
- adastra22 3y ago> transfer funds internationally
- vrighter 3y agottc fees increased since lightning became a thing. It gains speed by compromising security. Lightning enables whole new classes of attacks. You also need to have a server or something constantly online, or trust someone to do it for you. Trust, for a supposedly trustless system.