On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and the editorial insists “in order for Lightning Network to provide privacy, it must be massively over-capitalized.”

Also read: Here’s What Happens When You Use Lightning Network for the First Time

Digital Preservation Researcher David Rosenthal Investigates Lightning Network

The controversial scaling solution called the Lightning Network has a bunch of fans and a slew of detractors as well. A number of people think that a second layer is required to scale BTC to the masses, while other individuals wholeheartedly believe layer one (onchain transactions) should be sufficient. Since 2015, the scaling debate over this subject has continued relentlessly and despite a variety of reports disclosing LN vulnerabilities, BTC supporters remain confident the solution will…

Click to continue reading on its source location…

Source: https://thebitcoinnews.com/researchers-scathing-lightning-network-analysis-finds-flaws/