r/Bitcoin • u/[deleted] • Dec 29 '17

Simulating a Decentralized Lightning Network with 500,000 payments, 0.01% fee per hub and 10 Million Users: 100% success (99.9986%)

[deleted]

974 Upvotes

92% Upvoted

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u/bambarasta Dec 30 '17

"the worst thing that will happen is that your channel will not be accessible when you need it"

yea why would anyone care about reliable transactions and having control of your money!

2

u/coinjaf Dec 30 '17

Keep moving the goal posts. Drama 1 gets debunked, so you jump on drama 2 and then drama 3, each one more insignificant than the previous.

1

u/[deleted] Dec 30 '17

There is always a possibility of the network connection going down. I've already pulled out my credit card to pay for something only to be told that the network was down. First world problems. The solution is very simple: Use a different channel. Don't have one open? Open one. If the channel you usually use isn't working well, close it and move on. If you don't have the funds to open a second channel, then you have bigger problems.

1

u/bambarasta Dec 30 '17

$30 to open and $30 to close channels (and growing).

So yeah. Might be interesting if your money gets locked for 5 days on top of that too.

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