Post
Topic
Board Development & Technical Discussion
Re: Lightning Network Discussion Thread
by
aliashraf
on 17/07/2018, 21:25:42 UTC

I can't be bothered to read anyone's arguments about LN back here, but let's be clear about one thing, there is no use quoting what Hearn claimed 7 years ago that satoshi said as an argument for anything.
Indeed.

Plus, I don't care whether Satoshi really was a fan of second layer protocols or not, he made a lot of mistakes (picking sha2 as PoW algo, for instance).
I'm not talking about a person.

My argument here is about bitcoin as a system.
I'm not worried about people trying to get advantage of bitcoin as an infrastructure too, I'm worried about projecting most crucial problems to second layer, by Core devs.
Lightening Network is not, should not be, the first and the last words a developper in charge of supporting the protocol has to say when he is asked about scalability.

Scalability is an on-chain problem, it has always been. Projecting it to off-chain solutions, is kinda cheating. I think payment channels are good, not everywhere for every problem.

Payment channels are good for recurring unidirectional payments, like when you incrementally pay for a service or something, adding features to this technique, making it bidirectional, multi-party, somewhat routable, ...  is nothing less than competing with bitcoin itself!

It is amazingly insane, watching people who discussing LN like an abstraction layer that is supposed to absorb all the transactions and leave bitcoin with LN's own huge flush transactions alone.

Oh, give me a break please!