Re: Will the Lightning Network Solve ALL Scalability Issues?
devs are in the process of making lightning 2.0 (layer 3)
its where you dont vault up funds into a channel. but instead deposit funds into a factory multisig
the factory then offchain creates channels below it in millisats.
so users cant broadcast, but can close session with the factory and so the factory aggregates the channel balances and recreates new channels to rebalance the channels.
thus even less onchain transactions as it wont require onchain broadcasts/settlement to close/reopen
its where you dont vault up funds into a channel. but instead deposit funds into a factory multisig
the factory then offchain creates channels below it in millisats.
so users cant broadcast, but can close session with the factory and so the factory aggregates the channel balances and recreates new channels to rebalance the channels.
thus even less onchain transactions as it wont require onchain broadcasts/settlement to close/reopen
Hmm,
You deposit/lock your Bitcoins with the Factory, and then the Factory creates the channels for you.
Has anyone told them the so called Factory is now a Bank.
it's centralized we know that. maybe they'd find solutions to it as well.
LN is being used that's very important though there are limitations to these channels we haven't heard of some issues yet. but there are already speculations as to what's to come. the solution is also coming. so let's just wait for what could the devs bring.