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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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There are a lot of network-based services that people choose to operate at a loss: torrents, SETI, etc. some people’s desire to support open networks means that they will incur costs to do so.
There are a lot of network-based services that people choose to operate at a loss: torrents, SETI, etc. some people’s desire to support open networks means that they will incur costs to do so.
BTC solved the double spend problem with PoW and the intentionally throttled transaction speed. How does LN prevent double spends? I never bothered to look into that. Furthermore, if LN is so cool, why does the BTC blockchain exist? If LN worked as advertised it sounds like you could just abandon L1 entirely since it really does nothing in this entire operation.
BTC solved the double spend problem with PoW and the intentionally throttled transaction speed. How does LN prevent double spends? I never bothered to look into that. Furthermore, if LN is so cool, why does the BTC blockchain exist? If LN worked as advertised it sounds like you could just abandon L1 entirely since it really does nothing in this entire operation.
The Lightning Network operates on channels which require funding and necessitate fees — but is everyone participating for the same reason?
The Lightning Network operates on channels which require funding and necessitate fees — but is everyone participating for the same reason?
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