LN still a giant failure
Considering the ***hundreds of millions*** of USD that has gone in,
The ***monopoly of attention*** that LN gets,
10+ years of developer attention
The result is just pure junk, with minuscule 4,000 coins. Meanwhile wrapped ethereum has 100,000+
LN is doomed because it doesn't pay fees to miners -- it will either result in (1) vertical integration with miners, or (2) conflict with miners. In the case of (1), the htlcs and security model make no sense, and in the case of (2) the LN will be obliterated by 51% attack.
The smartest LN devs have already jumped ship to ARK.
LN is just a developer make-work project, it cannot scale Bitcoin to 8 billion users.
By all signs, it is a huge malinvestment and waste of time.
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