Excellent information, and the single best description of Lightning Network that I've come across to date. Guess I'll have to read the white paper now.

The inability to handle micropayments, not to mention the huge fees and long lag times before confirmation, are the major reasons I've been leaning toward other cryptos and MOL away from Bitcoin, though I'm still bullish on it long term.

But even more than that, it is the privacy of the Lightning Network transactions that are the biggest draw for me, as I am a long time privacy and security advocate.

Looking forward to further updates. Upvoted and followed.