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Lightning Network has a number of problems as the solution for Bitcoin's problems: 2. It's a sidechain - that is to say, an altcoin that claims a link to Bitco
by davidgerard 11y ago
Lightning Network has a number of problems as the solution for Bitcoin's problems:
2. It's a sidechain - that is to say, an altcoin that claims a link to Bitcoin. The forces that would cause mutually-distrusting individual humans to maintain the linkage is unclear.
1. Like other sidechains, but unlike altcoins, it ... doesn't exist. This is a subtle point, but I think it might be an important one.
(not that I am any fan of altcoins either. But basically, the Bitcoin protocol as it stands was never designed with scaling in mind.)