Bitcoin maximalist sharply criticizes Lightning Network

The Lightning Network is the main reason bitcoin is legal in el Salvador. The main network cannot serve the entire country without a fast and reliable payment channel built on it. It’s that simple. But is the lightning Network vulnerable to attacks? Is the architecture as bulletproof as the main bitcoin network? Not according to tech expert shinobi, who described it as a” toy “and urged us to stop acting like”The Shape of the future.” Oh .

Write something about lightning. Lightning fast people will probably be angry.

– Shinobi (@brian_trollz) August 3, 2021

In Bitcoinist, we tried to explain how the Lightning Network works. We have explained to you the reasons why it continues to grow. We compared energy consumption to the rest of the world. And now it’s time to criticize him. Because we are an honest and balanced publication and we try to explore every corner of history.

Make no mistake, Bitcoin works like a money network because all the incentives are in the right place. This is awesome. And according to Shinobi, we can’t say the same about the Lightning net.

Lightning Network Has A Problem With Incentives
Shinobi trial begins with COD:

For the Lightning Network, it is literally impossible to get the economic momentum that the design and the orientation of benefits can offer to direct payments between parties where direct payment channels are not connected, but it is impossible to rely entirely on the power of deceptive causes.

In Shinobi’s view, the Lightning Network is based on altruism rather than greed. And such a network can never develop. Of course, he says it in more colorful language:

Lightning is nothing but a cinch in its current form. Period. It’s not some kind of polished system, it’s not a magic UX or user interface, it’s not even reliable or reliable in the face of hostile attacks. A fucking toy collected by a group of friends.

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