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A comment on Blackouts have hit Iran. The government is blaming Bitcoin mining. Parent comment

Re:Blackouts have hit Iran. The government is blaming Bitcoi... by celsoazevedo on Monday January 18, 2021 @10:54AM (#25822951)
Don't layer 2 solutions like Lightning Network greatly increase the number of transactions?
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Re:Blackouts have hit Iran. The government is blaming Bitcoi... by Nursie on Monday January 18, 2021 @11:00AM (#25823022)
In theory.

In practice lightning channels require on-chain transactions to set up and tear down, and also have (had?) issues with nodes needing to be online for various reasons (including potentially losing the money to the counterparty), and IIRC there were potentially unsolvable routing issues too. They also require significant quantities of bitcoin to be locked into channels to make them work. It seems like a real hack.

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Re:Blackouts have hit Iran. The government is blaming Bitcoi... by user-the-name on Monday January 18, 2021 @11:02AM (#25823044)
Nope. For lightning to scale, it would have to solve its routing problem, which it has absolutely zero prospect of ever doing. It is an open problem in science, and considered extremely difficult.
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