Claiming that we will not be able to solve the routing
problem on the lightning network is exactly the same as
claiming that we won't be able to solve the routing
problem on the Internet. Routing is a solved problem,
but is a difficult problem to implement, which is why
the clients are in BETA.
You clearly don't understand the architectural differences between how the internet routes packets, and what how the Lightening Network claims to be a decentralized routing protocol. Nodes in a decentralized network have no visibility to peers unless there's a map, the map needs to be updated, and in a payment network the complexity increases as nodes and activity increases. LN will not function for p2p decentralization, it is a design choice that creates Bitcoin banks and Bitcoin payment processors.For digital payments I could skip the scam and use Venmo or cash. I don't get why anyone would bother wasting their money on LN? You have to first buy the Bitcoins which is highly volatile so the risk of losing your money is always possible. What's the use case? Why bother going though all the trouble and why is there a need to buy someone elses tokens which they basically made for free? It sounds like you need to convince people to use Bitcoin because you own some and need more people to buy it so you can sell for fiat and make real money. Why else would you try to dismiss the inherent issue with race conditions in decentralized routing networks? Handwaving the flaw by saying "it'll be fixed in the future" is either your ignorance or a lie and an attempt to deceive. You can't even claim it's the fault of beta software, because it's not even theoretically possible to solve the decentralized routing problem. LN is just another form of paypal/banking. https://en.wikipedia.org/wiki/Travelling_salesman_problem Quiet obvious how your scam works. |
That said, I have never seen any convincing argument that LN routing can't work in theory... Especially because the lightning network is not completely decentralized on purpose. It works off the idea of "hubs", in which you will connect to a hub, likely one hop, and then the hub will most of the time get to your destination in one or two hops. I'd really like to see someone who claims that we don't have the ability to connect two points in a graph separated by three, or even four, hops. This is just made up nonsense.
The middle part of your comment is just "kids, get off my lawn". Why would anyone need anything besides venmo or cash? Do you mail cash to purchase things online? How many large Internet retailers accept venmo? How many people are implementing micro payments using venmo?
The rest of your comment is just an ad-hominem. And not only is it that, but it's also nonsensical because maybe I have some bitcoins because i'm putting my money where my mouth is.
Also, the travelling salesman problem is bullshit and irrelevant, because LN doesn't need to have the shortest possible route to work, it just needs a workable route.
https://study.com/academy/lesson/attacking-the-motive-fallac...