Bob touting the merits of Lightning Network. Get ready for another leg down.
Seeing as how I have TERA2 on ignore, I dub thee, the new, "official" Bitcointalk Wall Observer "Debbie Downer"
So, why are you so down on Lightning, Debbie ?
Lightning network has always been garbage. If these things didn't require putting all transactions in a common que, bitcoin would have already utilized parallel scaling in the first place. Lightning network can only function as a completely centralized hub and spoke model for numerous reasons like liquidity and needing a common que to prevent attack. Or to put it simply, if you're not using something like a longest chain as a focal point in an open join/leave system, it's always going to turn into a system of 'trusted' nodes.
You don't get to just 'remove' the focal point. A focal point is required. If you remove the longest chain focal point, the new focal point becomes trust by default. We are Walmart, trust our node because we're Walmart. We at Walmart also only trust nodes run by Goldman Sachs. Trust us both. We also refuse to route any transactions to any other nodes. None have proper liquidity to route anyway.
At the end of the day, these are all stupid and dysfunctional Rube Goldberg machines that are hyped by scammers. It's 100% impossible to create a decentralized digital currency. There is no reason whatsoever for any of this stuff to exist in comparison to silver and gold.