What will be the future of Lightning Network integration?
63 sats \ 4 comments \ @IgnaciobTato 29 Apr bitdevs
We are experiencing a dark stage of news of many apps, wallets and bots closing one after the other. Todays news was LN.tips bot which was integrated in Telegram and many apps.
The main reason is the cost of it, but I am sure that there are legal aspects and many fear on being the responsible of these tools.
There even isn't space for a node per person: Onchain there are 5.000tx in 1 Block = 144 blocks per day x 364 days = 262.080.000 tx per year. A LN channels needs 1tx opening and 1tx for closing.
I don't like where we are heading. It seems that everything will be Onchain and like big reserves for institutions. People will stay outside (like Gold).
I liked it 2-3 years ago, where there was no fear, and many devs could develope many creative tools and show how many ways of using sats there was.
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0 sats \ 3 replies \ @TNStacker 29 Apr
It is a phase. Part of the development of something completely new. Did you think the feds and banks would just lie down?
They will fight us.
WE ARE READY!
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21 sats \ 2 replies \ @IgnaciobTato OP 29 Apr
I knew they will fight back, but at their first punch everyone is closing their project! If we can't guarantee a long term project, its all in and out, which doesn't bring trust to btc.
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0 sats \ 1 reply \ @TNStacker 29 Apr
It is up to business owners and individuals to determine their acceptable risk and their mitigation strategies. I fault no one for protecting their ASSets.
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0 sats \ 0 replies \ @IgnaciobTato OP 29 Apr
I fault neither no oune for protecting ther ASSets (hehe) but we as a community are not together to protest or protect these projects. Nobody wants to talk, because if you talk, it means you have BTCs.
At these points, we have a few BTC ambassadors like Saylor, but he didn't make any comment about the last news:
  • Close of Samourai
  • Close of Phoenix
  • Close of Lightning Ln.tips bot
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