Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: BTC as "every day" spending currency vs. 10 min Block Confirmation/Mining time
by
titular
on 23/12/2021, 05:11:35 UTC
⭐ Merited by o_e_l_e_o (4)
LN is not a layer 2 solution. its a altnet that many coins can peg to. its not even unique feature just for bitcoin.
its not a solution. its an off ramp to get people to stop using the bitcoin network.

LN cant even guarantee 'payment success'. even one of the most famous advocates of LN recently revealed a over 70% payment fail rate of his routes in the last 3 months. so its not a solution at all. its an alternative network

I'm sorry but, by definition, LN is certainly a layer 2 solution. It settles all on the base chain.

Also, if you're having 70% of your payments fail, it is the operator that is doing something wrong. I have made 100's of LN transaction and not one of them have ever failed.