This is an abysmal compromise and basically implies that bitcoin is going to re-create the conventional banking system by merit of being difficult to use/transport like gold. 


We have this custodial system on top of bitcoin/gold, and that gives rise to double spending in the form of fractional-reserve banking which bitcoin was supposed to combat in the first place. At this point, just give up?

moneroshill

bitcoin

Lightning Network -- Fundamental Limitations

I would imagine that the majority of people will never self-host, or hold their own keys.  

And lightning providers can avoid the unresponsive member issue by collaborating with users they actually know, and setting up actual agreements with them.

And finally, as the article mentions, sidechains can also alleviate the pressure.  We have liquid, and stax, I'm sure there will be more.

One thing is for sure - base chain transactions will be more expensive.  I wonder the impact of that on multi-sig..

It's a great article, not a new one though, was released 4th April