Damus
hoppe2 · 1w
Seems you're pretty pessimistic about Lightning. Does Monero intend to solve everything on layer 1? I was told that you fundamentally can never achieve scalability with layer 1 alone, and it was fairl...
weev profile picture
> due to Monero's nature it's too hard to build a layer 2

This is not true. Drivechains are the actual answer to scaling Bitcoin that would not be a failure driven by fraud like Lightning. And the ingredients to synthesize drivechains on Monero are already there. Monero already has sidechains like p2pool and merge mining with Tari. When Monero needs drivechain scale, it isn’t a big project.

> the moment they delegate operation to experts, all of Monero's advantages become meaningless

All blockchains have delegated operation to experts. These are called “miners”. And Monero’s advantage is fungibility, which does not change dependent upon who is mining it.