Post
Topic
Board Bitcoin Discussion
Re: Comparison of Offchain Solutions for Crypto Coins
by
hugeblack
on 26/03/2019, 11:37:36 UTC
Away from how the comparison took place and which I did not understand its purpose. However, the lightning network is still under development and much can change "You can add some better solutions than Lightning Network to compare them like Schnorr signatures or [There is a new off-chain network similar to the lightning network but I have not read the details]".

Funds are harder to steal, and usually revert to the original owner after time lock expires
There are a lot of people who have reported losing their money by putting them in the lightning network.[1]

Requires both parties fund a channel.
No. But once the channel is established, the parties can update their values.

Can’t Handle Large Transactions Yet (large transactions amount listed at over $200)
The purpose of lightning network is Micro-Payments, anyone can wait 5 minutes to exchange $200 for $ 1 as fees.

[1] Reports Of Lost Bitcoin On Lightning Network Due To Bugs