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357 sats \ 7 replies \ @nerd2ninja 8 Jun 2023 \ on: A discussion about layers bitcoin
What I look for in Bitcoin scalability layers is:
Rug pull risk
Rehypothecation risk
Attack vectors
Then the very last thing I look at is convenience. Why? Because I firmly believe convenience can be scripted out even if the spec seems inconvenient at first glace.
Right now, lightning on top of Ark seems to be the way to go.
I'm coming around to Ark for lightning nodes (with less frequent pool transactions)
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Ark would be really expensive, calculate the cost of on-chain tx every 5 seconds...
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5 seconds is a suggestion Burak made because he wanted it to feel as fast as lightning, but I:
- Believe Ark is useful only for opening and closing lightning channels
- Foresee that batching being 1 every day (not 5 seconds) or just adjusted based on what the lightning channel creators (LSPs probably) are needing for those variables to be.
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the very last thing I look at is convenience
And there is no bigger mistake than that... ;)
"Technology pioneer and guru Steve Jobs had a profound understanding of the importance of UX. He held the belief that technology should either be beautiful or remain invisible."
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- I fucking hate Apple products
- There is a lot of human misery involved with that approach
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But UX matters for widespread adoption though
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Do it right first.
Its like I was saying, I'm of the belief if you do it right first, the UX stuff can be scripted out.
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