Why the Lightning Network Doesn’t Work

Why the Lightning Network Doesn’t Work

The Lightning Network (LN) is a 2nd layer payment protocol for Bitcoin’s perceived scaling problem. In this article we will outline the technical issues with scaling this network, legal reasons why widespread adoption is incredibly unlikely, and how the proposed solutions end up implemented as centralized solutions relying on trusted 3rd parties, the very entity Bitcoin was created with intent to remove from peer-to-peer transactions.

Why the Ethereum Foundation is correct in warning: “Don’t expect scale post merge”

Why the Ethereum Foundation is correct in warning: “Don’t expect scale post merge”

Ethereum’s well-documented problem with its high gas fees is still significant as it costs at minimum upwards of a few dollars to mint a transaction into the ethereum main chain network, with it sometimes costing significantly more when the network is in demand. Even post merge, we agree with the Ethereum Foundation: it will likely that it will remain the least efficient blockchain and way of processing transactions in the world.