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10 sats \ 0 replies \ @nerd2ninja 28 Nov 2023 \ on: The Lightning Network is a Settlement Layer - Toxic Rant #4 bitcoin
I implore you to look into timeout trees by John Law.
https://bitcoinmagazine.com/technical/timeout-trees-a-solution-to-scaling-lightning-network-lsps
Custodians, even federated custodians, are not a necessity, except for if all soft forks are rejected.