Post
Topic
Board Development & Technical Discussion
Re: The Lightning Network FAQ
by
Wind_FURY
on 19/11/2020, 08:26:12 UTC


In 2017, there was an article dedicated to this issue.
https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

Unfortunately, it was ignored by the Bitcoin community. Partly because they couldn't understand the math in the article. But more because the conclusions made in the article were unpleasant for LN fans. Smiley


Was it? Did you read the comments/replies?

One of them cared enough to wrote a blog of his own after reading Jonald Fyookball's blog, https://medium.com/@murchandamus/i-have-just-read-jonald-fyookballs-article-https-medium-com-jonaldfyookball-mathematical-fd112d13737a

There was Bram Cohen in the comments too, and challenged the math, and called Joland Fyookball "stupid".
Of course I read this blog.

Look carefully at the phrase at the end:
Quote
As the model on which Fyookball is basing their calculations is already far-fetched, I will not bother addressing the math.
In fact, the author of this comment just couldn't understand the article.

The article considers a different model ( in the form of a tree), because this model should give the best results. It does not state that LN will have a model in the form of a tree. And if even for the most optimal model we get bad results, then for all other models, the results will be even worse. This is a standard technique in mathematics.

I don't recall Bram Cohen's comment. Could you give a link to this comment. If in addition to the word "stupid" there are real arguments.


It's there in the responses of the blog. I remember Bram Cohen had something to say about it on Twitter as well. I will try to find it.



I was looking for hardware for Lightning, someone recommended this, https://store.start9labs.com/collections/embassy

Does anyone have reviews?