I get it, you know how Lightning works. But there's a few things you might be overlooking about its scalability and custodial nature.
First off, while it's true that each Lightning channel needs an on-chain UTXO to open, the network is built to make the most of each channel. You don't need a direct channel between every single user. Instead, you can route payments through interconnected nodes, reducing the need for everyone to have a bunch of channels.
Plus, there are new tech advancements like channel factories and multi-party channels that are designed to improve scalability. These allow multiple users to share a single UTXO while keeping everything secure and trustless. This means fewer on-chain UTXOs are needed, making it more practical for a lot of people to use the network without each needing their own UTXO🤷
jakub /
npub14h…d9mk3
2024-05-17 19:21:18
in reply to nevent1q…xwh7
Author Public Key
npub14hkaetksj33t9y03m42dhdvqvxv8zr4sk5s0crkhkp3fz37wuf3qhd9mk3Published at
2024-05-17 19:21:18Event JSON
{
"id": "ff2894d8650187c4f1016c6abde42197a58025abce59412425e7f31e87df9148",
"pubkey": "adeddcaed09462b291f1dd54dbb5806198710eb0b520fc0ed7b0629147cee262",
"created_at": 1715973678,
"kind": 1,
"tags": [
[
"e",
"8d3e6df339d903c49c4986fca92e884fa59c9a5c06150e3e8960d7e4775b2aab",
"wss://relay.nostr.bg",
"root"
],
[
"e",
"89624b7382e7bda5fa381a707ada6ef49eadbffd60d4d35c44de9c1cb74c224e",
"",
"reply"
],
[
"p",
"04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9"
],
[
"p",
"dbe0605a9c73172bad7523a327b236d55ea4b634e80e78a9013db791f8fd5b2c"
]
],
"content": "I get it, you know how Lightning works. But there's a few things you might be overlooking about its scalability and custodial nature.\n\nFirst off, while it's true that each Lightning channel needs an on-chain UTXO to open, the network is built to make the most of each channel. You don't need a direct channel between every single user. Instead, you can route payments through interconnected nodes, reducing the need for everyone to have a bunch of channels.\n\nPlus, there are new tech advancements like channel factories and multi-party channels that are designed to improve scalability. These allow multiple users to share a single UTXO while keeping everything secure and trustless. This means fewer on-chain UTXOs are needed, making it more practical for a lot of people to use the network without each needing their own UTXO🤷",
"sig": "33603154ac87fed365e52712cd6d4e5a8dfb4cd79c0fab9f9fca60e69c8f3e8efd5e35cb058f05451975fa5ef3e337dc5cfaaa3542396cc13481b80b064ac00b"
}