Brian of London on Nostr: Sad reality of #LightningNetwork today. @binance implements it but (after initially ...
Sad reality of #LightningNetwork today.
@binance implements it but (after initially allowing larger amounts like 3m) has now set a limit on 1.999m sats.
They also don't allow @MuunWallet or @Breez_Tech wallets and I know why: both of these solutions offer non-custodial storage but it is too slow and unreliable.
So you have to send to either your node or a wallet on a custodial centralized provider like @getAlby or @walletofsatoshi . Both fine products, but not what BTC is supposed to be.
Published at
2023-09-16 15:31:03Event JSON
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"created_at": 1694878263,
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"content": "Sad reality of #LightningNetwork today.\n\n@binance implements it but (after initially allowing larger amounts like 3m) has now set a limit on 1.999m sats.\n\nThey also don't allow @MuunWallet or @Breez_Tech wallets and I know why: both of these solutions offer non-custodial storage but it is too slow and unreliable.\n\nSo you have to send to either your node or a wallet on a custodial centralized provider like @getAlby or @walletofsatoshi . Both fine products, but not what BTC is supposed to be.",
"sig": "da5cffaac08cfb18fa22bc81090ccc367b0f2062e191386b5e90504c3f3c661f396a6ca5441bbd0006d93e0c74b99da8c33d6c266f501b09ca03b9e6956f8901"
}