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by davidgerard
4014 days ago
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Lightning Network has a number of problems as the solution for Bitcoin's problems: 2. It's a sidechain - that is to say, an altcoin that claims a link to Bitcoin. The forces that would cause mutually-distrusting individual humans to maintain the linkage is unclear. 1. Like other sidechains, but unlike altcoins, it ... doesn't exist. This is a subtle point, but I think it might be an important one. (not that I am any fan of altcoins either. But basically, the Bitcoin protocol as it stands was never designed with scaling in mind.) |
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