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Bitcoin Is Inevitable—But Lightning Is A Dead End, Warns Former Core Dev Garzik

  • Former Bitcoin Core developer Jeff Garzik believes in the longevity of Bitcoin but criticizes the Lightning Network, calling it a 'dead end.'
  • Garzik dismisses Lightning as a failure due to low usage and advocates for programmable Layer-2 solutions over payment channels for scalability.
  • He attributes Lightning's limited adoption to Bitcoin's 'vetocracy' governance culture and stagnant development post the 2017 block-size stalemate.
  • Garzik sees the future in sidechains like his project, Hemi, which integrates a fully validating BTC node in an Ethereum-compatible roll-up, emphasizing the need for programmable trust in Bitcoin's evolution.

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