News
Paul Sztorc Critiques Lightning Network's Promotional Practices
Bitcoin developer Paul Sztorc has criticized the Lightning Network, stating that custodial services account for more than 80% of all Lightning payments. He compared the promotion of custodial Lightning services to the Theranos fraud scandal. Sztorc argues that non-custodial usage remains minimal and unsuitable for everyday transactions. The article also mentions Alex Bosworth's comments on the speed of non-custodial Lightning payments, which are slower than tap to pay.