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Topic: The Lightning Network Reality Check - page 6. (Read 3469 times)

legendary
Activity: 1260
Merit: 1116
January 19, 2016, 04:59:01 PM
#1
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Do you ever feel like you are in a conversation with someone and they are not really telling you the whole truth?

http://codesuppository.blogspot.ca/2016/01/the-lightning-network-reality-check.html

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There is one way that the Lightning Network numbers do work; and that is if individual people don't get to access the blockchain at all.  If the only ones opening and closing channels on the main blockchain are banks and wealthy individuals, everyone else can just operate on layer-2 or 3rd party networks 100% of the time.
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