Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution
Jonald Fyookball
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Cool article… I think the next step will be identifying the composition and characteristics of transactions traversing the main chain currently. If we can get an idea of the proportion of ‘channelable’ transactions that are not being channeled due to lack of readily available ‘channel apps’, we could see just how big our problem truly is.

If I had to guess, I would say that a very large 80% of current transactions are ‘channelable’ currently. Exchange to exchange transactions being the largest culprits.

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