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> It achieves nothing that an increased blocksize would not have done on-chain

Regardless of blocksize the block times are still 10 minutes which means you need one hour for the transaction to settle, per the 6 block standard. You can't compare that with LN.



Also good point - no matter how much you scale "onchain" you still end up with settlement periods, a few min at least. Impractical for offline payments.


With the current difficulty level isn't the '6 block standard' a bit dated unless we're talking about a transaction that is extremely valuable.


Could you elaborate on that? I recall doing transactions that had 6+ confirmations in far less than 1 hour. Do I recall incorrectly?


That's just luck. The 10 minute is an average. There are times where you need three hours for 6 confirmations.




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