Bitcoin consumes 4,000,000,000 W of power to process four transactions per second. A single Raspberry Pi with a database can do an order of magnitude more on 5W. Think about that next time you wonder if it's a good design.
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Solutions for scalable funding of channel networks are being developed and when combined with Schnorr signatures it probably gets even better: https://www.tik.ee.ethz.ch/file/a20a865ce40d40c8f942cf206a7cba96/Scalable_Funding_Of_Blockchain_Micropayment_Networks%20(1).pdf … The future will tell but my guess is for now at least the smartest minds are working on BTC instead of altcoins.
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