Is the Merchant’s dream a mirage?

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Lit, the Lightning underdog

The Lit Lightning Network is one implementation of the Lightning Network that has been somewhat on the background. It is being developed by the MIT DCI and has a working implementation supporting Bitcoin, Litecoin and Vertcoin.

When you take a closer look at Lit, it is quite strange that it has been on the background this much. Perhaps it has remained on the background due to its purely academic background (rather than the profit focused alternatives), but in my opinion, Lit really has the potential to bring the original Merchant’s dream back. Like other Lightning Network implementations, it offers near instant payments and extremely low fees. However, Lit stands out from other Lightning Network implementations by

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