Not at all, Lightning is neither permissioned nor trusted when it comes to the network and ownership. It specifically only works because you can connect to someone at random and still know that you can exit with your coins and you don’t have to have a lawyer to enforce it.
Scaling at the base layer is a red herring. There’s no such thing as “being done scaling.” Jevons paradox. If we found 1000x base scaling solution, we’d just use it for 1000 new use cases that are now economically rational, and we’d run out again and still need layers.
Thats all ignoring the fact that the trilemma of scaling, verification, and decentralization is pretty fundamental and we need something very, very different to break out of it.
TheGuySwann / Guy Swann
npub1h8…6rpev
2025-04-25 19:49:00
in reply to nevent1q…mayz
Author Public Key
npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpevPublished at
2025-04-25 19:49:00Event JSON
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"content": "Not at all, Lightning is neither permissioned nor trusted when it comes to the network and ownership. It specifically only works because you can connect to someone at random and still know that you can exit with your coins and you don’t have to have a lawyer to enforce it.\n\nScaling at the base layer is a red herring. There’s no such thing as “being done scaling.” Jevons paradox. If we found 1000x base scaling solution, we’d just use it for 1000 new use cases that are now economically rational, and we’d run out again and still need layers.\n\nThats all ignoring the fact that the trilemma of scaling, verification, and decentralization is pretty fundamental and we need something very, very different to break out of it.",
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