The Lightning Network – Bitcoin’s ultimate scaling solution. In less than a decade, it has grown from a small experiment into an enterprise-ready payments solution that powers 25% of CashApp’s bitcoin transactions.And yet, in spite of Lightning’s growing enterprise adoption, people sometimes say things like “Lightning self-custody doesn’t work”. And how can we blame them for saying this? At conferences and on podcasts, you’ll hear people saying that Lightning is more like a “glue” that binds together other bitcoin protocols. “Lightning isn’t for users, it’s just infrastructure”.While it’s true that Lightning helps to bind together many different bitcoin protocols and companies, it doesn’t end there. I argue that Lightning isn’t only for settlements between big players. Lightning-self custody works for end-users.But before I describe why it works, I want to first dispel some of the things that do not work.
pull down to refresh
related posts
25 sats \ 0 replies \ @BlokchainB 3h
No love for ln.pub
reply
0 sats \ 1 reply \ @brave 1h
Completely agree that self-custodial Lightning works today better than most people think.
reply
0 sats \ 0 replies \ @krispy_donkey 1h
Would a self hosted Alby Hub fall into this category? Any other recommended products/projects?
reply