Fivemil

joined 3 weeks ago
[–] Fivemil 2 points 3 weeks ago

It's a bit .. much

[–] Fivemil 0 points 3 weeks ago

They are literally fracking

[–] Fivemil 0 points 3 weeks ago

"that would have flared" according to just them

[–] Fivemil 1 points 3 weeks ago

Ln gets praised as Bitcoin’s scaling savior, but let’s be real—it’s got some serious cracks in the foundation. For starters, the whole system leans on Bitcoin’s clogged base layer. Every time you open or close a payment channel, you’re stuck paying on-chain fees, which skyrocket when the network’s busy. Imagine trying to buy coffee with Lightning only to get slapped with a $20 fee just to fund your wallet. Not exactly “cheap microtransactions.” Then there’s the liquidity puzzle. Channels need perfect balance to work smoothly, but good luck managing that manually. Most folks end up relying on big central hubs, which kills the whole “decentralized” vibe Bitcoin’s supposed to have. Security’s another mess. If your node isn’t online 24/7, you’re a sitting duck for scams like fraudulent channel closures. Even worse, hackers have found loopholes to hijack transactions mid-route. And let’s not forget the user experience—managing channels feels like solving calculus problems, so people flock to custodial wallets, which basically reintroduce the banks Bitcoin wanted to ditch. Bitcoin itself doesn’t help either. Its tiny block size and slow confirmations create a traffic jam every time masses try settling Lightning transactions. Throw in spam attacks flooding the network, and the whole thing starts looking like a house of cards. Lightning’s got potential, sure, but until it cracks the code on fees, security, and staying truly decentralized, mass adoption might just be a pipe dream.