Nah, you’re just wrong because good enough solutions are easy to find, nobody cares about 100% optimal.
Nah, you’re just wrong because good enough solutions are easy to find, nobody cares about 100% optimal.
Try finding the shortest path to a network where you only discover the edges once you reach a node. You only get hilariously suboptimal solutions
Which is why in practice such a system has to be centralized (eg. El Salvador) or it's effectively useless (you resort to opening a new channel rather than passing the money along an unknowable list of channels)
again: LN doesn't need to optimally solve np-hard or worse problems to work, good-enough approximations are easy to find.
But it can't and never will work at large network sizes without being centralized. And no amount of development work will fix that, because it's a core design flaw.
Which is why the meme with LN was "its 18 months away from wherever you are in time".
It's always in early stages, because it can only achieve early stage levels of usability without devolving into a centralized system. By design.
yeah, if memes are the way you keep yourself informed on the topic then i totally understand your point of view.
the reality is that LN works and what you call "small cliques" are just subnets that route payments internally efficiently but are also able to route externally when the need arises.
this is literally how distributed systems are scaled, internet being the largest one.
it would be centralized if nobody could use LN if some one or two largest nodes failed, but the protocol is open and everybody can open a channel with everybody else and nodes in the middle have no way to censor traffic because they don't know neither the sender nor the receiver.
you're simply misinformed.
Again, either you centralize or you keep having it be a toy
so unless you point out the centers without which LN collapses, your claims are just bogus.