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451 sats \ 1 reply \ @TonyGiorgio 20 Oct 2022 \ parent \ on: [bitcoin-dev] trust minimized zero-conf bitcoin
Phoenix seems good because the on chain portion is entirely trusted and so is the onboarding flow.
This email is triggered because of Muun, a fake LN wallet is also a completely trusted onboarding flow, and it's even worse because they are highly dependent on users not stealing money from them, which becomes easier with the next version of core.
"Just use lightning" is not a great example when people suggest broken LN projects.
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1 sat \ 0 replies \ @nerd2ninja 20 Oct 2022
The LN wallet I suggested seems to me to be the best of what we have. See People don’t want to run their own servers, and never will. Now I foresee at some point the other developments that are being had like LN swap markets, which jam for example is a front end for, might take the place of some of the ways that phoenix currently does on-chain swaps for LN channels, and the integration thereof may even be in a different wallet entirely.
I agree however, that muun is pretty trash lol.
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