Just stay away from this technology!
This is not true, Bitcoin requires on-chain scaling.Lightning will bring what bitcoin desperately needs, cant wait to see it in action!
It's risky, requires additional resources (2 daemons), untested, unproven, complicated for the average user and business, requires channels to be online. Most importantly to me, it is being pushed out on a billion dollar network and it's coming from a shady group of individuals.Well, as Rusty Russell said himself, he doesn't forsee Lightning being used practically for any payments of more than 0.042BTC presently. So it is still very very much in just the bootstrapping stage (even if it delivers on the routing problem and technical issues).
This indicates to me that we should be careful about heralding LN as THE scaling solution for Bitcoin at the expense of others.
Bitcoin Unlimited would be a perfect fix for the problems we currently observe. The only blocker is that one subset of people are scared shitless that this would remove their total stranglehold on the technology today.Lightning will bring what bitcoin desperately needs, cant wait to see it in action!
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