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0 sats \ 1 reply \ @BallLightning OP 4 Aug \ parent \ on: Mutiny and fedimint bitcoin
Fedimint is a scaling solution for bitcoin.
  1. It is impossible for everybody to have a lightning channel. Run the numbers and you will see that opening a channel for everybody will take years.
  2. With fedimint a new user can have ZERO sats and you can send them 10 sats with no problem. And he will have 10 sats. You can't do that with Lightning. And receiving a small amount of money is the natural first experience that somebody should have with bitcoin. "You have to have money to receive money" is really a big problem. PLEASE, PLEASE, PLEASE people, stop pretending like this is not an issue.
If somebody super smart manages to find a way to do 2. without sacrificing custody, I am all for it and will be happy. But currently this is not the case and we all need to accept the reality.
P.S. Why do you say "Sorry" at the end?
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0 sats \ 0 replies \ @jerrybature 4 Aug
To be honest, I've not yet took time to learn Fedimint because of the negative picture I have about the project. But with your above explanation, I'll my best to study it. Thanks a lot.
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