a toy form with 1800BTC ($54mil) only in public channels. i don't think you're familiar with it at all, it scales very well because payments are actual peer to peer, don't need to be globally broadcast and checkpointed. millions tps.
It does not scale. At all. The only reason it works at all at the moment is strong centralisation.
Routing in the Lightning network is an open problem in computer science, one that nobody know how to solve. Payments aren't peer to peer, they have to be routed through intermediaries. And how to do that is basically impossible to figure out, except if you just have a handful of giant hubs you can route through.
> Routing in the Lightning network is an open problem in computer science
if you're trying to say that routing in lightning is an instance of traveling salesman, you're not only wrong - routing is actually shortest path problem, but even if you were right, your statement that TSP somehow makes the system unworkable is simply false in light of the fact that businesses like USPS and DHL and countless more delivery companies exist and are profitable.
> Payments aren't peer to peer, they have to be routed through intermediaries
by this metric nothing on the internet is peer to peer, because packets are routed through intermediaries.
> how to do that is basically impossible to figure out, except if you just have a handful of giant hubs you can route through
yes, there will be hubs, large and small and there will be clusters of interconnected local meshes and there will be users routing however they wish through the system instead of taking the cheapest most connected path.
if you say something is impossible to figure out - you need to back up that claim with something, anything.
what if i told you, you were lied to by skeptics and scammers, trying to sell their shitcoins, and you need to put away your biases for just a minute and invest a little time to see, if what they were saying is actually true?
Actually it's even less than that in practice. It really is that shit.