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RE: Do I smell a Rat in Bitcoin? (I mean no insult to rats)
This is what it's like to run an LN node. It's not realistic for the average computer user to go through all of these steps which is why it's not a realistic solution to the scaling problem (yet).
FYI that is for a full LN node aka one you want to also earn money from as well.
You can run light LN nodes which have the same power as full LN nodes but not a good way to earn from it.
In fact many mobile LN apps are that idea. Mobile LN apps don't have the receive option yet but it will come soon. Yeah I know how the LN is slow but it needs to be done. If there is no one developing LN then it will further be delayed. And the LN has made huge progress in 6 months vs the previous years bc no dev wanted to waste time if no malleability fix. The only alternative to segwit was flextrans and that was one of the buggiest software ever . With segwit in bitcoin, dev saw that working on the LN was indeed worth it and not a waste of time. Only two chains can do second layer to the mass scale, Bitcoin and Ethereum.
The LN is the only mass mainet usable second layer solution that works with the most success and with no trashy ico. Raiden and liquidity still are not even fully out yet.
Well Bitcoin need block blocks. Yeah...
Bitcoin needs 10 mb blocks for the LN to serve everyone in the world if all other LN tech like LN splicing,Mast,Schnorr, and others are added.
It not that big blocks are hated in bitcoin, those are the minority who also the same people who want POW change...
It that people wanted segwit to be added first and the other didn't like segwit much. Those same antisegwit people are the onchain people. I mean onchain is cool i just don't feel it sustainable.