[2017-02-23] The Barely Discussed, Incredible Benefit of the Lightning Network

[LiteCoinGuy]

The Barely Discussed, Incredible Benefit of the Lightning Network

When browsing discussions of the Lightning Network, I find the context is almost universally under the context of scaling. Clearly LN (the lightning network) is an amazing solution to the Everest sized problem of exponential scaling. While some focus on scaling as a linear problem, in need of a rather immediate linear solution, LN is one of multiple projects trying to tackle the inevitable problem of 100x and 1000x transaction volume. Unfortunately, this means that a critical and invaluable benefit of the Lightning protocol tends to get lost in the conversation.

https://medium.com/@thecryptoconomy/the ... .4jrxe8ys5