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Lockesmith
npub14st…t6rm
2024-02-11 22:59:21

Lockesmith on Nostr: Can lightning scale adequately without shared UTXOs? Is there another method I'm not ...

Can lightning scale adequately without shared UTXOs? Is there another method I'm not aware of that exists or has been proposed to solve the scaling issue of theoretical fees vs population?

#asknostr

Expect the same or higher FUD on lightning as you have seen on #Bitcoin layer 1. Ie - Follow the money!!
As more people realize how attacking Bitcoin first layer only made it more decentralized and secure, it makes perfect sense that capturing the 2nd layer also moves into focus.
Imagine telling people that Lightning will not scale when it has grown ~ 20,000 % over the last couple of years. It IS scaling and becoming easier to use as companies building on it (like Breez) solve problems that bring on the masses.
Other scaling solutions like Fedimint, integrate and scale further.
Super exciting times in as the builders - build.

Yes, still things to work on but saying lightning is dead, is akin to saying Bitcoin was dead for the last 14 years.

Ps - on a personal note, I use it every day (as many of you do on Nostr) and it seems to be “scaling” just fine.
Author Public Key
npub14stzstmjq52djf490dwp8updra8r90t0u0sq7ufl2zty2utgta3qg6t6rm