122 sats \ 2 replies \ @Ed_Relight 27 Jan 2023 \ on: What is the best takedown of Bitcoin out there? bitcoin
Here's a pretty solid article about the impossibility of scaling the LN:
https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800
Wow, blast from the past.
I must protest your description: Fyookball's article is complete garbage. His model for the Lightning Network is nonsense and on basis of that non-existent foundation all that math is complete eyewash.
Please refer to the reply I wrote back then:
https://murchandamus.medium.com/i-have-just-read-jonald-fyookballs-article-https-medium-com-jonaldfyookball-mathematical-fd112d13737a
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Thanks for sharing, really important stuff!
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