Post
Topic
Board Bitcoin Discussion
Re: Lightning Network Observer
by
franky1
on 07/11/2022, 01:37:32 UTC
dare you guys to try to take a onion packet (LN payment) and get it confirmed on the bitcoin network
i guarantee you it would even relay around the nodes, it wont end up in mempools and wont be put into a block.
LN payments are not bitcoin nor even measured in anything bitcoin understands

LN network can continue running with channels and making payments even if there was no bitcoin "locks" pegged to channel payments because the channels would still make payments using different currencies pegs.. so yea LN hint is in the N of LN is a different network and not bitcoin

bitcoin does not ever leave the bitcoin network. it relies on locks and pegs.. and LN has no network wide consensus to audit/account/secure those pegs/locks. so LN users need to be risk aware of methods where their co-partner of channel can use and abuse LN features to break those locks/pegs to steal funds from the other person. and yep there are many ways to lose value due to those weak mechanisms

LN is not bitcoin. im not saying LN has no niche/utility/service offering. im saying be risk aware when using it and not think that its as secure as bitcoin

just be smart and not utopian dreamy. understand the difference between LN vs bitcoin. there is alot of differences..