"Lightning is not only faster than all blockchains, it's impossible to be faster than Lightning." \ stacker news

pull down to refresh

"Lightning is not only faster than all blockchains, it's impossible to be faster than Lightning."www.youtube.com/watch?v=bW-SUc6gNDE

211 sats \ 15 comments \ @kr 25 Apr 2022 bitcoin

view all related items

91 sats \ 9 replies \ @k00b 25 Apr 2022

Not exactly true (re: impossible to be faster) in practice. If we didn’t need to route, perhaps. If we have a direct channel already open that has the right balance, certainly, but this isn’t common in practice.

31 sats \ 7 replies \ @kr OP 25 Apr 2022

One example Pierre referred to was a trader with a direct connection to Kraken's Lightning node, or any instance where a payment is directly moving from one peer to another.

Is it fair to say that the # of nodes on a blockchain would have to be smaller than the # of hops on a routed Lightning tx to be faster? Assuming all nodes were located in the same data center in both cases?

21 sats \ 5 replies \ @k00b 25 Apr 2022

Oh he meant impossible for a blockchain to be faster? That’s definitely true

10 sats \ 3 replies \ @kr OP 25 Apr 2022

Yeah, this clip was about other blockchains.

Is there any non-blockchain payment method that could rival the speed of a direct (non-routed) Lightning payment?

69 sats \ 1 reply \ @k00b 25 Apr 2022

Hypothetically, if you create a protocol that doesn’t require you to create channels with counter parties, that’d be faster. But it doesn’t exist and might not be possible.