Oddbean new post about | logout
 You're arguing with LN developers. Not me.

A meager linear increase isn't scaling. Nowhere close to a "scaling solution". LN isn't able to onboard even a fraction of the world.

LN doesn't even work in high fee environments (the future of Bitcoin). We get a taste of this every time blocks are full like recent ordinal craze. And that was nothing.

What happens when your channel is forced closed in the future and you're back on chain again? The frequency of this and value lost increases the more popular LN gets.

Channel Force Close Bot
https://coracle.social/npub169n9eaf0t20j0nefwqlqtnqcpsym22k2nw6e3tevtrrru4et7wrsh5w47v