Read_791 - Rethinking Lightning

" Channel liquidity and offline receives, in my opinion, are the two most obvious reasons why self-custodial lightning is not popular. When most users hear about any of these, they just think "screw that" and move to a custodial wallet because it is so much easier. If these were our only two problems, I think self-custodial lightning would be fine. It may never be the predominant way people use lightning, but we could get the UX good enough that we have a significant portion of people using lightning in a sovereign way. However, there are more problems under the surface." ~ BenTheCarmen Is it time to reframe our image of where lightning's role lies in the Bitcoin stack? There have been problems in the implementation that make the self custodial road a far more difficult UX challenge. While much of it has been mitigated, a few intractable problems remain, and some may be an existential result of how LN enforces security on the main chain. Where will the users be in a world of a billion Bitcoin users? And can the promise of lightning ever be fulfilled? Check out the original article at Rethinking Lightning. (Link: http://tinyurl.com/mvcmwubk) References from the Show Welcome to the Fedimint territory! (Link: https://stacker.news/items/380065) Guest Links Carman on X (Link: http://tinyurl.com/yc57hdnh) Carman on Nostr (Link: http://tinyurl.com/3yz2kffw) Carman Website (Link: https://benthecarman.com/) Host Links Guy on Nostr (Link: https://tinyurl.com/yc376bff) Guy on X (Link: https://twitter.com/theguyswann) Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible) Check out our awesome sponsors! Get 9% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠) Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com) "There are no solutions, there are only trade-offs." ~ Thomas Sowell --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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The Best in Bitcoin made Audible. Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & technological primitives. Reading and distilling thousands of hours of others' works on Bitcoin, Guy explains everything you need to know.