Hacker News new | ask | show | jobs
by tomiplaz 1905 days ago
I presume you are not familiar with the Lightning Network? I suggest reading https://github.com/lnbook/lnbook
2 comments

Who doesn't love worrying about "watchtowers" and "inbound liquidity"?
Are those hard concepts to grasp?
Given how breathtakingly simple the space actually is, inventing big words and forcing other people to learn them really only serves to stroke an ego.
"watchtowers" is a big word now? as for "inbound liquidity", I guess you can argue it's big because it's a compound word, but it's relatively easy to understand ("liquidity" is a standard term in finance, for instance) and I can't think of how you can shorten it further without reducing comprehension.
Compared to cash in my wallet, a credit card, or cryptocoins held on chain? Yes.
Yes I am, but not in specifics. It's already been mentioned since 2017...

Fee's are still high. Crypto still can't handle a lot of traffic as far as i'm aware today.