Quote from: BlackHatCoiner on April 02, 2024, 03:19:27 PM

Quote from: titular on April 02, 2024, 03:07:30 PM

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Theoretically, lightning can work without Bitcoin, but practically, it has little to no purpose. I presume that's what pooya meant. You'd use lightning mostly to avoid paying an outrageous amount of money for a low-value Bitcoin transaction, but beyond that it isn't useful. Litecoin's mempool is mostly empty, micro-transactions can take place there cheaply and get confirmed soon enough. Needless to mention that most lightning software is written to work on Bitcoin and isn't tested anywhere else.

What does that mean, ser? Practically those channels in the Lightning Network are actual Bitcoin transactions that haven't been settled on-chain yet. What Lightning could be is a sort of organized mempool where users could send and receive Bitcoin pre-confirmation.

Or did I simply misunderstand, and you're trying to say is Lightning "can be built" on top of other chains, not only Bitcoin?

¯\_(ツ)_/¯