Post
Topic
Board Bitcoin Discussion
Re: zomg lightning netowrk payment is fast as heck
by
franky1
on 02/03/2023, 14:48:58 UTC
but its not settled. its just "sent"

much like all unconfirmed payments
you can see it instantly but doesnt mean its confirmed and settled

lightning network deals in unconfirmed payments

bitcoin network has always had unconfirmed payments displayed in the same "instant"

dont be fooled into what the lightning offer salesmen tell you lightning is. becasue it doesnt work the same as bitcoin
You are getting it wrong, it is not about unconfirmed payment, when the person is ready, he can send the coin onchain, lightning network is layeer 2 solution, you do not have to confuse people about it, as long as it is his coin when he receives the coin, why then talking about unconfirmed transaction?

If a channel is opened and a transaction is confirmed to send payment into the multisig lightning network channel, also a confirmation is needed when you send it back onchain.

Lightning network is a layer two solution and you should not say anything is not confirmed.

If I open a channel with my friend or a restaurant, we accept payment anytime we see it, also if we use wallets like muun, phoenix and others, we accept payment.

when you decide to finally broadcast.. that broadcast is THEN the same as broadcasing a unconfirmed tx onchain. because thats what you are then doing..
a close session itself is not a blockchain confirm
a broadcast itself is not a blockchain confirm

a blockchain confirm is a blockchain confirm
the payments ans stuff of just singing a tx is not about confirming a transaction. its just making a signed unconfirmed transaction

you are not settling/confirming a transaction on LN you are accepting unconfirmed transactions

please learn the difference

the unconfirmed tx's can be rejected, revoked, time out, replaced and many other things
a confirmed tx is settled/finalised confirmed, immutable

please learn the difference