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RE: Layer 0 Protocols: The Key to Scaling Crypto for the Masses
I have the feeling that for transparency purposes is better to improve scalability at layer 0 than layer 2.
I guess that in layer 0 transactions are recorded in the main net. the story seems to be different with Lightning network because it look likes transactions are not recorded in mainnet. For me LN is a layer 2.
100% @danielelfs
In a few days we'll be publishing a post on layer 2 with focus on LN.
LN or any layer 2 based transactions slowly make their way to the mainnet. Layer 2 builds its own model of consensus, which is the smart contract locks on LN. The problem is if you scale above the chain, but not the chain itself, when the time comes to close a large LN channel you will clog the mempool and send fees into an upward spiral.
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