First an observation. According to Woobull Charts segwit adoption is at around 37%. That means 63% of the current transactions are not segwit. For Lightning Netowork to function it requires segwit. This seems like a huge problem for LN. If only 37% of the activity is segwit then only a percentage of that 37% will be using LN. This puts the majority of the load still on the BTC blockchain. A blockchain that wont scale on chain.

First an observation. According to Woobull Charts segwit adoption is at around 37%. That means 63% of the current transactions are not segwit. For Lightning Netowork to function it requires segwit. This seems like a huge problem for LN. If only 37% of the activity is segwit then only a percentage of that 37% will be using LN. This puts the majority of the load still on the BTC blockchain. A blockchain that wont scale on chain.

First an observation. According to Woobull Charts segwit adoption is at around 37%. That means 63% of the current transactions are not segwit. For Lightning Netowork to function it requires segwit. This seems like a huge problem for LN. If only 37% of the activity is segwit then only a percentage of that 37% will be using LN. This puts the majority of the load still on the BTC blockchain. A blockchain that wont scale on chain.