Jeff Swann on Nostr: There are some shitcoiners who are real salty pieces of shit over #Lightning. It ...
There are some shitcoiners who are real salty pieces of shit over #Lightning.
It works. It's decentralized. It has made #Bitcoin transactions instant & more privacy friendly. It has improved the ability to scale #Bitcoin by like 100x. You can move seemlessly between wallets prioritizing soverignty or convenience. It is being used to improve access to sidechains & other scaling solutions. It's a huge win! And it makes their shitcoins completely irrelevant.
Splicing is coming to multiple LSPs & will eventually be the default. That is going to make Lightning's onchain footprint much smaller & more efficient, so get ready for "Lightning is failing" FUD as data may show the number of channels declining (since channel sizes can be edited). Though maybe usage will grow enough in the process (thanks to UX improvments & the coming bull market) that there won't be much to point to. Either way, interesting times & interesting developments 😊
Published at
2023-09-23 02:09:18Event JSON
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"content": "There are some shitcoiners who are real salty pieces of shit over #Lightning.\n\nIt works. It's decentralized. It has made #Bitcoin transactions instant \u0026 more privacy friendly. It has improved the ability to scale #Bitcoin by like 100x. You can move seemlessly between wallets prioritizing soverignty or convenience. It is being used to improve access to sidechains \u0026 other scaling solutions. It's a huge win! And it makes their shitcoins completely irrelevant.\n\nSplicing is coming to multiple LSPs \u0026 will eventually be the default. That is going to make Lightning's onchain footprint much smaller \u0026 more efficient, so get ready for \"Lightning is failing\" FUD as data may show the number of channels declining (since channel sizes can be edited). Though maybe usage will grow enough in the process (thanks to UX improvments \u0026 the coming bull market) that there won't be much to point to. Either way, interesting times \u0026 interesting developments 😊",
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