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Have they solved the distributed routing problem? I watched many videos on the LN, and it's never addressed, it's always this hand-wavy explanation that a route
by imaginenore 9y ago
Have they solved the distributed routing problem? I watched many videos on the LN, and it's never addressed, it's always this hand-wavy explanation that a route is somehow found, on a network that changes, potentially, thousands of times per seconds, and has tens of millions of nodes.
- nosuchthing 9y agoNo. The LN white paper doesn't even explain how they plan to solve routing. https://www.youtube.com/watch?v=Ug8NH67_EfE&feature=youtu.be&t=10m24s https://www.youtube.com/watch?v=Ug8NH67_EfE&feature=youtu.be... Without decentralized routing, It seems like they're simply prioritizing nodes with large sums of BTC as the central operator hubs. Centralized payment processing hubs?
- dx034 9y agoSo like a Visa/Mastercard for Bitcoin? Probably not much to gain from that, I doubt it'll be more efficient than established networks (unless you want to deal in transactions that aren't allowed on those networks).
- hossbeast 9y agoThey are explicitly postponing the sophisticated routing solution until a later iteration, when we have more experience with how the network will become arranged. It's not an omission, it was done this way on purpose.
- imaginenore 9y agoThat sounds like a bullshit excuse. They don't know how to solve it. It doesn't really matter how the network is arranged, distributed routing is not a solved problem.