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A comment on Coinbase Wants to Be Too Big to Fail. Parent comment

Re:Coinbase Wants to Be Too Big to Fail by bduerst on Friday September 28, 2018 @04:45PM (#18096911)
Lightning network uses bitcoin to confirm transactions between people. Bitcoin network is limited to 7 tx/s - do the math.
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Re:Coinbase Wants to Be Too Big to Fail by xur17 on Friday September 28, 2018 @04:56PM (#18097007)
That's not how lightning works. On-chain bitcoin transactions are used to open and close channels (and even then it doesn't have to be a 1-to-1 relationship), but once you have a channel open you can send funds within the channel without having to create on-chain bitcoin transactions. That's the entire point of lightning.
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