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Ran across these essays by @futurepaul, thanks to @ek. A great read, fun website, give it a look!
This post is now two years old, and I wonder how it might be received by people who spend a lot of time thinking about lightning and layer two's. I think first of all writing out "layer two" is no longer the move.
the site is cute:)
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170 sats \ 0 replies \ @OT 20 Jul
Lets imagine it really were a special kind if Starbucks card. It costs money to open, and to close. You can open at whatever capacity you like, and you can also use it to pay for things at other retail stores or to pay a bill. Sometimes the payment doesn't work, so its better to open more cards to more places.
You can only top up less than the original capacity. If you want more capacity you need to pay an opening fee again (possibly a closing fee too).
That's the thing when we use analogies. Its not always correct. Bitcoin and the lightning network are new and unique things.
On a more positive note I should say that maybe an analogy can help you get interested in learning more about bitcoin/lightning.
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33 sats \ 1 reply \ @k00b 20 Jul
I love these little essays. I never thought about sharing them one by one like this. There's enough to do them one for everyday in a month.
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is it possible to copy the flying emojis over here too?
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Stacker it a layer 2 right?
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.