I’m creating a “Megathread” regarding the Lightning Network and have been fielding questions. To help obtain the correct answers with sources, I’m reaching out to the Bitcoin StackExchange.
Hopefully none of these have been answered, I looked but could have missed some.
- How can you make sure that there will be routes with large enough balances to handle transactions?
- How does the Lightning Network stop flooding nodes (DDoS) with micro transactions? Is this even an issue?
- How do on-chain fees work when opening and closing channels? Who pays the fee?
- Can the Lightning Network work on any other cryptocurrency? How?
- Will the lightning network reduce BTC Liquidity due to “locking-up” funds in channels?
- How does the Lightning Network work for mobile users?
- What are the best practices for securing a lightning node?
- What is a lightning “hub”?
- How does lightning handle cross chain (Atomic) swaps?
Thank you in advance for helping the community understand more about this great technology.
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