This is an optimistic survey of the fits, fumbles, and false starts of non-custodial lightning over the last couple years. It enumerates a lot of the hard work that's left to do, and some of the solutions being experimented with.
pull down to refresh
201 sats \ 0 replies \ @DarthCoin 22 Jan
I really like the hosted channels model.
reply
118 sats \ 0 replies \ @elvismercury 23 Jan
Very wise.
An unpleasant truth seems to be that not that many people want to use btc right now, for a definition of "use" that includes "regularly move UTXOs between people". The lack of this felt demand is why the whole inscriptions thing was even possible; and even that has largely petered out.
A whole host of developments will unfold once there is honest-to-god felt demand for them to exist, and not until then. It's impressive to me that lightning is as far as it is, given that constraint.
reply
61 sats \ 1 reply \ @grayruby 22 Jan
Are you optimistic about the future?
reply
154 sats \ 0 replies \ @k00b OP 22 Jan
Yes. It's hard to use because it's doing something incredibly difficult which we're all going to keep working on because p2p digital cash is incredibly desirable. Lightning is a classic case of overestimating what we will accomplish in one year and underestimating what we will in ten years.
reply
21 sats \ 0 replies \ @nym 22 Jan
Great article.
reply
0 sats \ 0 replies \ @BlokchainB 22 Jan
Good read
reply
0 sats \ 1 reply \ @fishious 22 Jan
Is this a new blog? I really like his thoughts and perspective in this post, so looking forward to more in the future.
reply
0 sats \ 0 replies \ @k00b OP 22 Jan
appears to be
reply