/biz/ - Business & Finance

>>20347062
I'm still not sure why Bitcoin adopted Lightning in the state it was in unless it was supposed to be stunted to preserve the mining network.

>>20283834
By design, Lightning's bottleneck is a lack of small-scale profitability. The fees are too low. The incentive for routing LN fees is too little, in and of itself, for most individuals. This lack of small-scale profitability beckons large, centralized "Lightning farms" to surface and take full leverage and control.
To combat this and make extraordinarily powerful use of Lightning, each Stakenet masternode immediately provides LN the collateral locked within it (15k XSN) to rout payments and process tx.
XSN MNs are intelligent and do multiple jobs. It's no issue for them to rout payments on top of it. Collectively, the MN network serves as a quasi-centralized liquidity pool. The more the network is worth, the larger it's channels can be, and the more network demand it can offset from LN.
This solution, in essence, provides Lightning Network an alternative to the "Lightning farm" - equal in scale, but decentralized in nature.

With a profitable, properly decentralized ecosystem in place, off-chain Lightning Network tx should allow Bitcoin to scale much farther beyond it's on-chain limitations. They have the potential to serve as an effective counterbalance to the limitations and costliness of on-chain tx.

All that said, atomic swaps on LN are as fast as sending/receiving on LN.