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RE: The Bitcoin big blocks farce is becoming a laugh.
One of the references talks about the lighting network being imposible to be maintained peer2peer. Needing massive hubs instead.
Make sure you Reed the reverences! It's worth the time.
Will read as much as possible, all in good time.
The article referred to is so filled with wrong assumptions and misinformation that I could not bare read on.
It looks to me like a bcash propaganda piece. No apoarant knowledge of the Bitcoin Whitepaper.
Replacing Fiat, for instance, that claim is improbable. As I did my best to explain in my post. Again I refer to the Bitcoin Whitepaper, it is all there.
Most Lightning Network transactions are done off chain. Although more transactions will ask more from any P2P network. That is why just going for big blocks won't solve anything. If will just constipate the network.
LN claims to be able to do millions to billions of transactions per second off-chain, at low fees, transferring even 1 cent of value.
The main bitcoin blockchain is still very important for locking in and out using Smart-Contracts. And finalizing transactions in blocks, just like normal.
Most of the LN transactions will be outside the Bitcoin network.
There is a lot of documentation, also open in addressing risks.
http://lightning.network/