lightning=very insecure, only experimental and not recommended for larger amounts by lightning itself. lightning is only an additional centralized layer on top of the bitcoin layer:
cojoins,mixers no thank you. not really secure and very high fees
lightning=very insecure, only experimental and not recommended for larger amounts by lightning itself. lightning is only an additional centralized layer on top of the bitcoin layer:
cojoins,mixers no thank you. not really secure and very high fees
you recommend an article 18 month old about lightning? didnt know you are so bearish on LN.
but yeah its considered still reckless, but LN gives me hope because its a working scaling solution. but work in progress...
it was used to show that
all 4 vulnerabilities are still valid today
and there are many more vulnerabilities
not only that
the system itself is centralized
it is not protected from double spending
it is not 100% private which means it is not private
for micropayments it does not matter
most people think that it is bitcoin which it is not
i am just showing facts
”It’s just facts, trust me bro”