Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Simply because LN isn't practical:

- You still need to open (and close) a channel, paying BTC fees.

- To accept a payment, you need to first lock up balance.

- You need to always be online, otherwise your channel is closed.

- Sometimes your payment can fail, if you cannot find a route. This risk increases with the payment amount.

- Sometimes, you cannot even find a payment route, so you need to open another channel.

- Sometimes, the other person on the other side of your channel might close your channel.

- Despite all this, payments might still have a relatively expensive fee (in addition to the BTC fees).

People are trying to create solutions for these problems, but they're often either quite complex, introduce third-party dependency or both.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: