Read_791 - Rethinking Lightning

Published: Jan. 9, 2024, 7 a.m.

" Channel liquidity and offline receives, in my opinion, are the two most obvious reasons why self-custodial lightning is not popular. When most users hear about any of these, they just think "screw that" and move to a custodial wallet because it is so much easier. If these were our only two problems, I think self-custodial lightning would be fine. It may never be the predominant way people use lightning, but we could get the UX good enough that we have a significant portion of people using lightning in a sovereign way. However, there are more problems under the surface."\n~ BenTheCarmen\n\nIs it time to reframe our image of where lightning's role lies in the Bitcoin stack? There have been problems in the implementation that make the self custodial road a far more difficult UX challenge. While much of it has been mitigated, a few intractable problems remain, and some may be an existential result of how LN enforces security on the main chain. Where will the users be in a world of a billion Bitcoin users? And can the promise of lightning ever be fulfilled?\n\nCheck out the original article at Rethinking Lightning. (Link: http://tinyurl.com/mvcmwubk) \n\nReferences from the Show\n\n Welcome to the Fedimint territory! (Link: https://stacker.news/items/380065) \n\n\nGuest Links\n\n Carman on X (Link: http://tinyurl.com/yc57hdnh)\n Carman on Nostr (Link: http://tinyurl.com/3yz2kffw)\n Carman Website (Link: https://benthecarman.com/)\n\n\nHost Links\n\n Guy on Nostr (Link: https://tinyurl.com/yc376bff)\n Guy on X (Link: https://twitter.com/theguyswann)\n Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)\n\n\nCheck out our awesome sponsors!\n\n Get 9% off the COLDCARD with code BITCOINAUDIBLE \u2060\u2060\u2060\u2060\u2060\u2060(Link: bitcoinaudible.com/coldcard\u2060\u2060\u2060\u2060\u2060\u2060)\n Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)\n\n\n"There are no solutions, there are only trade-offs." \n~ Thomas Sowell\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message