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484 sats \ 2 replies \ @BTC_LN OP 29 Jul 2022 \ parent \ on: I am Alan Plus, founder of Lightning Network Plus, AMA! bitcoin
This is my imagined setup: • Families run their LN nodes on their home router / server • The family LN node will serve multiple family members each having their own accounts, wallets and funds • The node will have only a few channels (3-5) to most used services, such as their employer, to an online merchant, and maybe their communication provider, family friend • These channels are open for years, similar how you get a credit card and then you stay with that bank for years • New channels are opened when the family needs more liquidity to receive or spend • The node is "watched" by 1-3 friend nodes (LND Watchtower or CLN Eye of Satoshi) • Each family member will connect to this node with their phone to use the network to receive and send SATs
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58 sats \ 1 reply \ @fgiveme 29 Jul 2022
Recently I read about Fedimints which proposes a more realistic scenario imo.
  • Instead of 1 household - 1 node, a group of X friends maintain Y nodes (X>Y).
  • The nodes are maintained by the tech savvy households (trusted Federation setup). Could be friends, could be employee/employer.
  • This strikes a middleground between holding your own key and trusting one bank to manage your money.
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0 sats \ 0 replies \ @felix 1 Aug 2022
Not comparable IMO.
Fedimints are trusted, but home LN setups are not.
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