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BTC + LN is worse than shared IPv4 addresses

BTC can handle no more than 7 transactions per second (TPS). Lightning Network (LN) promises to solve the problem. The theory is that normal transactions would only happen in LN, but can get settled on BTC chain occasionally. Other than the fact that Lightning Network does not work, just a little bit of math would...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume IDigital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
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Volume IIBitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
(coming soon)