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The Lightning Network won’t work..

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The Lightning Network won’t work..

The Lightning Network won't work.. it’s experimental.. Remember when people said that?

Obviously not true now.. It is of good to be aware that LN has its own challenges and limitations, and true, it does phase some difficulties on openning & closing channels on a high fee environment.. But the infrastructure is progressing day by day.

As per River report,

  • there is more than 173 Lightning companies across 28 different categories.
  • the number of lightning transactions is adding 2.5 per second to the already ~4.4tx/s onchain..

I guess its easy to fall prey on the famous quote:

"people overestimate what they can do in one year and underestimate what they can do in 10 years.”

Incredibly bullish on bitcoin

submitted by /u/saulabrm
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