Just remember that the transaction size might increase as better funded Lightning Network nodes are funded, but the main purpose of the Lightning Network was always to remove smaller micro transactions from the on-chain Blockchain to alleviate the congestion.
The centralization and regulation of both exchanges and Gift cards both require strict KYC/AML regulation and this is not necessary with the Lightning Network.
The centralization and regulation of both exchanges and Gift cards both require strict KYC/AML regulation and this is not necessary with the Lightning Network.
Do you believe LN hubs will always be able to avoid KYC/AML regulations
or
do you feel it is a matter of time before they are forced into compliance?
How do you force people globally to adhere to KYC/AML regulations, if they are part of one huge decentralized network? Do you think people hosting Tor nodes would give a damn about some government that wants to force them to identify themselves? They could not stop other similar P2P networks ...so why would they be able to do this with the Lightning Network?
Plan B, would be to bump the Block sizes and to abandon the Lightning Network, if they did find a way to stop it. < Bitcoin is also a P2P network and it has been around since 2009.
> Bitcoin was developed to be unstoppable.