reply on: SN elects to go noncustodial on Nov. 5th

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0 sats \ 6 replies \ @ek 17 Oct \ parent \ on: SN elects to go noncustodial on Nov. 5th - FAQ & AMA meta

Why not make Cowboy hats equivalent to ecash

We need to know who zaps who which isn’t possible on ecash. We also don’t want to run a mint since it’s taking custody.

What're your thoughts on Liquidity relays, so people can have sats till they can afford to obtain a channel.

You mean using ecash as a buffer for inbound liquidity? These ideas sound good.

142 sats \ 5 replies \ @EverythingSatsoshi 17 Oct

Liquidity relay is actually a buffer for LN.

It's one of the new things discussed in Tokyo. A user can receive sats without having to open a channel, and there's a special account created for you that receives these sats, which then opens a channel for the user when the channel capacity is sufficient

0 sats \ 0 replies \ @EverythingSatsoshi 17 Oct

Liquidity Rebaits**

0 sats \ 3 replies \ @ek 17 Oct

Sounds like we’re talking about the same thing. What do you mean with relay though? Ecash on nostr?

153 sats \ 2 replies \ @EverythingSatsoshi 17 Oct

I meant rebates sorry. Here's a delving post on it: Roasbeef's Delving post on Liquidity Rebates

An audio version of the entire delving post is here

0 sats \ 1 reply \ @ek 17 Oct

Oh, that’s a generalisation of what I thought. Cool! Didn’t know about that. That should improve lightning UX a lot.

33 sats \ 0 replies \ @EverythingSatsoshi 17 Oct

100%

You should listen to the entire audio. Lightning has changed and all the FUDsters are going to have a shit ton to moan about now. Cos users needn't open a channel to use the network anymore. Plus there's GOSSIP 2.0 && BOLT12.

So BULLISH