Why Nostr? What is Njump?
2023-03-22 03:20:40
in reply to

Doug on Nostr: So common misconception here. A lightning node relies on the layer 1 chain. You have ...

So common misconception here. A lightning node relies on the layer 1 chain. You have to run a Bitcoin node to run a lightning node because layer 2 literally creates a transaction on layer 1 to say Fishcake is committing 100BTC in a “smart contract” to open a channel with Doug. When we’re done passing liquidity and close the channel, we each have to write that back to the original layer 1 chain. Without layer 1, your lightning node wouldn’t know where to communicate that info. It is a lot but that’s why lightning is far superior to say solana or any crypto. Bitcoin is fully backing Lightning 100% 1:1.

Unless I am missing a huge part of something, that’s the simplistic version.
Author Public Key
npub1pslg9txv2jz62zadkt247vqxgmsy5fxn3rwzua7rkxxdkgsqg26sav7haf