3 ms·

This does not seem accurate, but perhaps I'm too close to see it? Do you have a source for this?

dinobones 2y ago
Uhh.. how about the fact that almost no wallets/exchanges/no one uses it? https://www.reddit.com/r/lightningnetwork/comments/190orn6/comment/kgs56on/ https://www.reddit.com/r/lightningnetwork/comments/190orn6/c... There are a ton of outstanding technical issues that lightning has had that have just kind of been glossed over for the past half-decade because people start companies, raise funding, build small fortunes and their success is predicated on pretending those fundamental technical issues don't exist. Don't get me wrong, L2 has its own set of technical issues. The complexity of L2 is high, and some of the currently popular L2 chains are not decentralized at all. But it has much higher usage and popularity than Lightning, and is being pushed forward strongly by the Ethereum Foundation itself.
- RustyRussell 2y ago
  That's a long stretch from "why aren't we seeing more adoption" to your assertion that "no wallets/exchanges/no one uses it"? Because payments happen been pairs, there's no easy count of activity. The best estimates I know of are things like https://blog.river.com/the-lightning-network-in-2023/ https://blog.river.com/the-lightning-network-in-2023/ which is almost 12 months old. As to "no wallets support it", that's a strange thing to say, since lightning wallets support it, obviously. I'm yet to see any comparable statistics in L2s on Ethereum? Was hoping you'd have something there, too :(
  - kylebenzle 2y ago
    What a transparent attempt to promote a broken and dying project for your own benefit:(
kylebenzle 2y ago
Do you just spend your time in HN to spread lies, propaganda and misinformation about LN, lol? Lightening Labs, or whatever company owns, Lightning Network, should be able to pay for better quality shills I would think. Shame on a CEO like Elizabeth Stark for using poor innocent flobs like you to do their dirty work.
- janandonly 2y ago
  There are multiple companies building Lightning software like Wallets, serversoftware and SDK’s. Lightning Labs is one of those companies, but they don’t own the protocol. For example, https://acinq.co/ https://acinq.co/, makes the Phoenix Wallet and Phoenixd, a node implementation that you can also run for yourself.

Uhh.. how about the fact that almost no wallets/exchanges/no one uses it? https://www.reddit.com/r/lightningnetwork/comments/190orn6/comment/kgs56on/ https://www.reddit.com/r/lightningnetwork/comments/190orn6/c... There are a ton of outstanding technical issues that lightning has had that have just kind of been glossed over for the past half-decade because people start companies, raise funding, build small fortunes and their success is predicated on pretending those fundamental technical issues don't exist. Don't get me wrong, L2 has its own set of technical issues. The complexity of L2 is high, and some of the currently popular L2 chains are not decentralized at all. But it has much higher usage and popularity than Lightning, and is being pushed forward strongly by the Ethereum Foundation itself.

RustyRussell 2y ago
That's a long stretch from "why aren't we seeing more adoption" to your assertion that "no wallets/exchanges/no one uses it"? Because payments happen been pairs, there's no easy count of activity. The best estimates I know of are things like https://blog.river.com/the-lightning-network-in-2023/ https://blog.river.com/the-lightning-network-in-2023/ which is almost 12 months old. As to "no wallets support it", that's a strange thing to say, since lightning wallets support it, obviously. I'm yet to see any comparable statistics in L2s on Ethereum? Was hoping you'd have something there, too :(
- kylebenzle 2y ago
  What a transparent attempt to promote a broken and dying project for your own benefit:(

kylebenzle 2y ago

Do you just spend your time in HN to spread lies, propaganda and misinformation about LN, lol? Lightening Labs, or whatever company owns, Lightning Network, should be able to pay for better quality shills I would think. Shame on a CEO like Elizabeth Stark for using poor innocent flobs like you to do their dirty work.

janandonly 2y ago
There are multiple companies building Lightning software like Wallets, serversoftware and SDK’s. Lightning Labs is one of those companies, but they don’t own the protocol. For example, https://acinq.co/ https://acinq.co/, makes the Phoenix Wallet and Phoenixd, a node implementation that you can also run for yourself.