Friday, 25 February 2022

Lightning Labs (developers of LND) trying to kill open source and hijack the protocol

There has been recent upheaval within the lightning community about the behavior of Lightning Labs

First, @L0laL33tz raised the issue that Lightning Labs was associating with the World Economic Forum and others who are behind the Great Reset plans. Here are the main threads.

Opening salvo, Clarification, Doubling down

This all seemed fishy, but then things got worse: many open-source developers came out in the open, airing out frustrations they have had with Lightning Labs over the way they have been engaging in the open-source space. The short version is that LL has been using the tried and tested “embrace, extend, extinguish” policy towards killing open-source.

EEE’s playbook is to enter product categories involving widely used standards, extending those standards with proprietary capabilities, and then using those differences in order to strongly disadvantage its competitors.

Here are the main tweets: From ACINQ, RustyTwit and BlueMatt (bonus)

We need to root out Lightning Labs, stop using LND, and move towards alternative implementations like C-Lightning.

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EDIT: Been asked to highlight the responses from Lightning Lab. First, most of my twitter links are to threads, where responses are included. But if those are insufficient, you can also access a compilation of responses in this comment thread. https://www.reddit.com/r/Bitcoin/comments/t0e0it/comment/hy9h1tv/?utm_source=share&utm_medium=web2x&context=3. Thanks to shleebs for compiling.

I do encourage everyone to do their own research, and it is 100% reasonable to wait for the dust to settle before making up your minds. With that said, I have made up my mind about LND, and will continue to push against using this implementation.

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