Post
Topic
Board Development & Technical Discussion
Re: Compromise between fees and storage/bandwith cost
by
topcoin360
on 29/10/2021, 02:03:59 UTC
Since scability is not a real issue, the LN doesn't accomplish anything
How's scalability not a real issue? The lightning network was made, because scalability is a very real issue and any block size increase is just a temporary solution.

You're probably right about the block size limit (that the expansion of the blockchain should be under controlled). But I'm not convinced about the LN. One of the main issue is that it requires users to create long term links which doesn't make sense if we consider that bitcoin transactions are supposed to be "pseudonymous". And I think Visa has already solved the problem you're talking about a few decades ago.  Cheesy

How are people growing LN adoption anyway? It does not seem to be the subject of late in the wider crypto community (DeFi, NTFs, and other trending stuff).

Exchanges (the preferred "wallet" by the majority of users) aren't promoting this tech either.

It's probably because of security and privacy concerns.