News · Cointelegraph

Is Bitcoin kidding itself about the Lightning Network?

Bitcoin developer Paul Sztorc argues that Bitcoiners are lying to themselves about Lightning, claiming custodial services handle more than 80% of payments, a figure the article notes cannot be verified from public data. Critics point to liquidity problems, routing failures on multi-hop payments, and node management that is too technical for ordinary users, with Lightning's head of liquidity calling it extremely slow compared with tap to pay. Amboss says everyday payments of about $100 achieve around 99% reliability and its simulations show a 99.66% success rate, while Breez says non-custodial user experience is now comparable to custodial options. Lightning exceeded $1 billion in transaction volume in November 2025, though a Reddit user questioned its everyday use at checkout counters, where card terminals remain the standard.

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MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.6T
Close on 10/12/202681,850.00
Change that session-2.30%
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