Thursday, 4 February 2021

How isn't Lightning Network not the center focus of bitcoin?

Lightning Network has improved SO much. My experience with LN has been so good and easy.

Wallets like Phoenix are so simple, users doesn't have to care about any technical details.

There was barely any LN back in 2017. If there's a surge in bitcoin price, LN and community around it is the only thing I can assign this value to.

How are we not talking about it?

EDIT: I'll add some advantages that makes LN special

  • Improved privacy. Onchain level suffers a lot from privacy leakage.

  • Scalability

  • Low fees

  • Great community: Many merchants and businesses involved with an excellent bunch of open source builders.

  • Staggering amount of innovation and ideas in mailing lists and forums.

submitted by /u/HarambeTownley
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