I’m personally starting to believe that non-custodial Lightning is “fine”. It’s just that it will be used for exchanges between large institutions and federations and it won’t be used by the plebs.
I’m making this assumption because it requires L1 transactions which are only going to get more expensive. Paying hundreds of dollars for channel opening fees is likely.
We, the plebs, are probably going to be increasingly bumped to higher levels like fediment and ecash.
techfeudalist /
npub1nz…0yxqu
2024-04-13 16:45:40
in reply to nevent1q…p25j
Author Public Key
npub1nz3cd3mx4jf9paxwrdgqvchaprjdge9pj9t58mkusw74q5saajkqu0yxquPublished at
2024-04-13 16:45:40Event JSON
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"pubkey": "98a386c766ac9250f4ce1b500662fd08e4d464a1915743eedc83bd50521decac",
"created_at": 1713026740,
"kind": 1,
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"content": "I’m personally starting to believe that non-custodial Lightning is “fine”. It’s just that it will be used for exchanges between large institutions and federations and it won’t be used by the plebs. \n\nI’m making this assumption because it requires L1 transactions which are only going to get more expensive. Paying hundreds of dollars for channel opening fees is likely. \n\nWe, the plebs, are probably going to be increasingly bumped to higher levels like fediment and ecash.",
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