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    Author Topic: Article from Coindesk. Are Bitcoin Developers Losing Faith in Lightning?  (Read 1213 times)
    franky1
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    April 03, 2024, 07:05:02 PM
    Last edit: April 03, 2024, 07:36:07 PM by franky1
     #21

    Without any technical jargon here  about LN, I think the devs have every reason to put this on halt because among the devs themselves there isn't unity and LN hasn't received the support/demand it was to receive which I think is among one of the main reasons devs could be losing faith in it.

    Btw, on a forum like Bitcointalk were you expect to have users with the tech knowhow on LN and if we had to ask how many of us use it regularly... am pretty sure the numbers don't look good and on top of that service providers haven't implemented the tech yet, so really the devs decision is justified and worse off after 4 years this technology hasn't made its mark means it's lost its momentum or perhaps this was rushed and product wasn't perfected which makes it a work in progress , just my 2 cents.

    when you dig deep into the details
    LN was sponsored and funded as a sandbox test network of CBDC, which started as projects of the hyperledger project..
    (you can research how blockstream(core) devs were involved in HLP and suddenly idea's of LN came about)
    when the HLP sponsorship dried up some gave up. others then  just tried to be mischievous and take sponsorships from other corporate sources to make bitcoin a headache to try to make LN populate in the hope of acting as middlemen fee syphoners on LN(routers/services/balance landlords(credit facilitators))
    (the sponsors needed ROI but knew they couldnt charge people middlemen fee's of bitcoiners but could charge middlemen fees on LN)
    then you start to see how LN transitioned and how bitcoin became more annoying just to promote LN

    LN is not a work in progress. it was flawed from the start. those hoping LN will prosper is like asking a cliffs edge to regrow soil and turn into a beach front hillside instead of a land slide

    ..
    for the niche small use-cases of subnetworks. people need to start from scratch and learn from the mistakes of LN
    as for trying to promote that LN is the sole solution everyone needs to migrate over too because scaling bitcoin wont happen until everyone has abandoned bitcoin.. those people should get a job in the comedy circuit

    I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
    Please do your own research & respect what is written here as both researched opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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