🚀 Lightning Network, Bitcoin's layer-2 scaling solution, faces criticism from lawyer and crypto enthusiast John Deaton, who prefers the "Spend The Bits" protocol on the XRP Ledger (XRPL). Deaton, an angel investor and chief legal officer for Spend the Bits, calls it a more secure method for using Bitcoin.

- A recent security vulnerability in Lightning has raised concerns, with a developer withdrawing from the project and alleging deliberate vulnerabilities in the code.

- Major Lightning backers are also involved in Tether, Bitfinex, and BlockStream, raising questions about trustworthiness.

- Lightning Network's capacity has dropped 15% in the past three months, sparking doubts about its long-term viability.

Stay tuned for more crypto drama! 😎