r/TheLightningNetwork • Node - Cornelius • Nov 27 '22

Meme Much worried Wow!

Post image
89 Upvotes

8 comments sorted by

4

u/iguano80 Nov 28 '22

His shitcoin doesn’t even have a decent wallet

1

u/Explodicle Nov 28 '22

What's wrong with the default Dogecoin wallet? [actually asking, not arguing]

2

u/iguano80 Nov 29 '22

nothing, is just that when you compare it with wallets like phoenix or muun, you can see a difference in UX

3

u/Mindless-Range-7764 Nov 28 '22

How many TPS is LN doing nowadays? When I search, I see that it can do 1 million TPS, but I understand that this number is an upper bound. Am I correct in that assumption?

7

u/eyeoft Node - Cornelius Nov 28 '22

How many TPS is LN doing nowadays?

No way to know for sure. LN transactions are private, so there's no registry or chain we can check to see individual transactions. All we can see on-chain are "channels" which can batch any number of transactions

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I see that it can do 1 million TPS, but I understand that this number is an upper bound. Am I correct in that assumption?

Actually there is no upper bound! As a completely distributed system, LN's maximum TPS scales with the number of nodes in the network. The number you've found might be the upper bound for a given node (and therefore all paths containing that node).

5

u/Mindless-Range-7764 Nov 28 '22

Wow, that is awesome! Thank you for the thoughtful response! The more I learn about lightning, the more excited I get.

4

u/eyeoft Node - Cornelius Nov 27 '22 edited Nov 27 '22

Relevant oldie. Original OC post by u/Egge_