weev's avatar
weev 1 week ago
> LOL! You think that the present day fees are representative of bitcoin's TX throughput? ;p Yes. The numbers are very obvious about this. In early 2022, there was over 83k LN channels. Today there is half that. The number of LN channels that are associated with CEX/swap services have increased massively as a percentage. Nobody is organically using LN. There’s also a thousand less BTC available as liquidity. A sixth of the network’s liquidity has disappeared as people head for the exits. All available data shows that LN capacity was not organically driven by real consumer usage, that capacity and liqudiity were established using unsustainable VC bonfires, and that virtually nobody is using Lightning regularly for commerce, there’s just not enough L1 activity of channel activity to make this giant LN economy in shitholes you claim real. https://news.bitcoin.com/data-shows-sustained-slide-in-lightning-network-capacity-channels-through-2025/

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Yes, let's quote the organization behind bitcoin cash about lightning statistics. That'll surely win me away from lightning! "All the available data" you are quoting here is hilarious. I already told you how to figure it out for yourself instead of listening to its' haters. But you won't, you're a poser. And now you're muted. Have fun with your shitcoins.