Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Connect to a node that processes a million dollars worth of transactions per day

Your solution is to centralized transactions on a few large payment processor nodes?

The core problem of LN remains, which is that in order to operate a LN node you must keep it always online or risk having your coins stolen. The entire point of creating a L2 network in the first place was because Bitcoin Core decided that scaling the base layer with larger blocks would harm decentralization by making it more difficult to operate a Bitcoin node. Well anyone who has ever operated a server can tell you that maintaining near 100% uptime is a much much higher technical bar than buying a larger hard drive.

The alternative for LN users if they don't want to operate their own LN node is to give up custody of their coins to someone who does operate a node, but this goes against the core premise of cryptocurrencies.



Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: