Running your own node is definitely a friction point but with lightning the bigger friction point seems to be liquidity management, particularly inbound liquidity.
Many of the people using ‘non custodial mobile wallets’ such as phoenix still have to trust the company that is running the node and providing them liquidity.
The concern I have is that we are onboarding a ton of people via custodial wallets and standardizing LNURL which has incentives pushing people toward custodial wallets.
Eventually these custodians will rug pull or shotgun kyc. It is difficult to reverse this course after the fact.
ODELL
npub1qn…w95gx
2023-01-24 17:10:52
in reply to nevent1q…p66e
Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxPublished at
2023-01-24 17:10:52Event JSON
{
"id": "5beb055c975046e9a074cdd786290965603bff5f9bc3948c654985f1277955e6",
"pubkey": "04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9",
"created_at": 1674580252,
"kind": 1,
"tags": [
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[
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"content": "Running your own node is definitely a friction point but with lightning the bigger friction point seems to be liquidity management, particularly inbound liquidity.\n\nMany of the people using ‘non custodial mobile wallets’ such as phoenix still have to trust the company that is running the node and providing them liquidity.\n\nThe concern I have is that we are onboarding a ton of people via custodial wallets and standardizing LNURL which has incentives pushing people toward custodial wallets.\n\nEventually these custodians will rug pull or shotgun kyc. It is difficult to reverse this course after the fact.",
"sig": "1aa163bc5f5daccabc60d885ee9eeab64b519913519895c01255a50ecafc55bdb964fc641cbd16f2a698a69ade9f5d3c641c7ba267d45c83188dbc3df6f8ee01"
}