A latest ballot on X has reignited debate in regards to the Lightning Community’s position within the Bitcoin neighborhood.
Greater than 80% of respondents stated they don’t see the Lightning Community as “actual” Bitcoin
$104,818.92
.
The Lightning Community was created to make Bitcoin transactions sooner and cheaper. Individuals can ship small quantities of Bitcoin with very low charges, usually only a fraction of a cent.
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That is completely different from on-chain transactions, which might change into pricey, particularly for smaller funds.
In a submit on X, Paul Sztorc argued that the Lightning Community has not lived as much as its promise. He stated:
Lightning appears cool at first, however after yr six, you understand it doesn’t work.
He pointed to ongoing challenges, together with the necessity for nodes to remain related to the web and the reliance on massive liquidity suppliers and watchtowers for safety.
Sztorc additionally described the Lightning Community neighborhood as a “cult” and claimed the system is successfully custodial.
Alex Gladstein responded by calling Sztorc’s feedback “actually wonderful” and reaffirmed his perception that the Lightning Community permits Bitcoin to perform as digital money.
Developer Matt Corallo famous that the community processes a lot of small funds. He estimated that “nicely into double-digit p.c of BTC transactions are actually Lightning”, and described these dismissing its progress as “disconnected from actuality”.
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