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A comment on The senatorial governance of Bitcoin: making (de)centralized money. Parent comment

Re:The senatorial governance of Bitcoin: making (de)centrali... by DagAgren on Tuesday January 07, 2020 @08:01AM (#21979509)
> And yet, the vast majority of transactions on the LN proceed without a problem

Because LN is seeing barely any usage at all. The routing problem will bite as soon as it tries to scale.

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Re:The senatorial governance of Bitcoin: making (de)centrali... by alwillis on Tuesday January 07, 2020 @01:13PM (#21982742)
Because LN is seeing barely any usage at all. The routing problem will bite as soon as it tries to scale.

Definitely not true.

As I previously mentioned in this thread, lightning has over $6 billion USD in liquidity, nearly 11,000 nodes and tens of thousands of transactions every day: https://news.ycombinator.com/item?id=21980404

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Re:The senatorial governance of Bitcoin: making (de)centrali... by DagAgren on Wednesday January 08, 2020 @05:09AM (#21990040)
Those stats are either false, or are actually evidence that the network is tiny. Tens of thousands of transactions per day means it's not even doing a single transaction per second, which is miniscule.
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