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Comment on Launch HN: Sparkswap (YC S18) – Buy Bitcoin Instantly over the Lightning Networkparent

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Transitioning from subsidy to transaction fees to reward miners existed as an idea before nullc.

That's a completely different idea than having full blocks where users compete for fees. You can also fund miners via lot's of transactions instead of few transactions with large fees.

Lightning channels can go offline and be completely fine.

That's only because the other party didn't do anything. It's like saying leaving your door unlocked and open is safe because you did it once and nobody walked in to steal your stuff. You were lucky.

Lightning is however in a state where it is more or less safe to use.

I did post link to a recent bug where LN is exploited to steal users funds didn't I? This kind of misinformation that "LN is more or less safe" really downplays the existing issues. It is beta software and should be treated as such.

So to sum it all up, your post is pretty inaccurate.

To sum it all up, I was saying transactions in LN are different than Bitcoin transactions and that LN is only in beta, which you also confirm.

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