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by imaginenore 3037 days ago
Have they solved the distributed routing problem? I watched many videos on the LN, and it's never addressed, it's always this hand-wavy explanation that a route is somehow found, on a network that changes, potentially, thousands of times per seconds, and has tens of millions of nodes.
2 comments

They are explicitly postponing the sophisticated routing solution until a later iteration, when we have more experience with how the network will become arranged.

It's not an omission, it was done this way on purpose.

No. The LN white paper doesn't even explain how they plan to solve routing.

https://www.youtube.com/watch?v=Ug8NH67_EfE&feature=youtu.be...

Without decentralized routing, It seems like they're simply prioritizing nodes with large sums of BTC as the central operator hubs.

Centralized payment processing hubs?

So like a Visa/Mastercard for Bitcoin? Probably not much to gain from that, I doubt it'll be more efficient than established networks (unless you want to deal in transactions that aren't allowed on those networks).