Post
Topic
Board Bitcoin Discussion
Re: [self-moderated] Is LN Bitcoin? franky1: About scaling, on-chain and off-chain
by
BlackHatCoiner
on 14/01/2022, 19:27:00 UTC
Is there anyone here who is following our discussion?
I'm following, although I struggle understanding how franky corrects you. His technical writeups make it infeasible to read and understand.

if you can learn that there is no separate 'bitcoin LN network' and separate "litecoin LN network" and realise the LN network is its own network of its own protocols that allow channels with different pegged coin.
How's that true? Can't you verify if the channels you're routing transactions exist in the Bitcoin blockchain?

As much as some customers might be satisfied paying with exotic payment methods, there is a threshold were such options are too costly and cumbersome for the sales (and satisfaction) it could possibly bring in.
Sure. But, if one out of the ten merchants starts accepting Lightning he makes the difference. The rest have an inferiority when it comes to payment methods. I honestly don't know if the elasticity of demand from such change gives greater profit than the extra costs. I suspect that if the merchants like Bitcoin they will get involved with it and handle it properly. I mean how much dedication do you need to maintain your channels?