Post
Topic
Board Bitcoin Discussion
Re: The Lightning Network: A failure?
by
ABCbits
on 10/04/2024, 09:01:37 UTC
Yes I think in a lot of way it's a failure, most Bitcoin maxis are in denial.

i just a saw tweet from a maxi telling people to use custodial lightning wallet - this is centralization. this is what we're trying to avoid. Goes against everything Satoshi envisioned

Bitcoin maximalist doesn't necessary mean they also LN maximalist.

I stopped running a lightning node because it's not real user friendly, i lost funds, my channels got closed. it's not reliable enough to make payments (unless connected to large centralized nodes) & I don't trust it's privacy. of course, if this changes in the future, I may go back. Until then, i prefer onchain.

At least for privacy, IMO it's onion-routed payment offer decent privacy. But otherwise, i agree running LN node could be difficult and payment could fail due to LN complexity.