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2023-01-15 18:14:20 GMT

Dr. The Daniel 🖖 on Nostr: It was never a good idea. That model relies on a second blockchain with less security ...

It was never a good idea. That model relies on a second blockchain with less security and decentralization, another exchange rate to keep track of, and another layer of accounting. The Lightning Network eliminates this need entirely.

Reliability is a function of the infrastructure being built, which is happening rapidly due to its demand. Scalability on the Lightning layer will almost certainly outpace any adoption of altcoins as a payment network.