📅 Original date posted:2015-10-14
📝 Original message:On Wed, Oct 14, 2015 at 10:19 AM, Paul Sztorc via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
> However, the two are also perfect compliments, as LN transactions cannot take place at all without periodic on-chain transactions.
Additionally, lightning network hot wallets are not an ideal place to
store large quantities of BTC and users that don't expect to be
actively using LN should in general prefer confirmed UTXOs for
long-term cold storage. So far the guess that I have seen floating
around is that LN usage will at first be restricted to very tiny
amounts of BTC in tiny hot wallets, since nobody is particularly
interested in running large hot wallets.
- Bryan
http://heybryan.org/
1 512 203 0507
Bryan Bishop [ARCHIVE] /
npub1vt…jsjpg
2023-06-07 17:43:25
in reply to nevent1q…wgar
Author Public Key
npub1vtwuk4rjyj6zrq3tv2z9lvdm6a7g8zujf0gz9q2vljlztdaqw36sjjsjpgPublished at
2023-06-07 17:43:25Event JSON
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"created_at": 1686159805,
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"content": "📅 Original date posted:2015-10-14\n📝 Original message:On Wed, Oct 14, 2015 at 10:19 AM, Paul Sztorc via bitcoin-dev\n\u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e However, the two are also perfect compliments, as LN transactions cannot take place at all without periodic on-chain transactions.\n\nAdditionally, lightning network hot wallets are not an ideal place to\nstore large quantities of BTC and users that don't expect to be\nactively using LN should in general prefer confirmed UTXOs for\nlong-term cold storage. So far the guess that I have seen floating\naround is that LN usage will at first be restricted to very tiny\namounts of BTC in tiny hot wallets, since nobody is particularly\ninterested in running large hot wallets.\n\n- Bryan\nhttp://heybryan.org/\n1 512 203 0507",
"sig": "71c267c50d02b3bc8baca791ab372224ff4d7cf1c1ac59e348db43d9766f50b0fc770985f7d13a6a864a7816d680202b74062b53428f0a0c965706ba47ce1afd"
}