What is Nostr?
Bitcoinmaxi / Ferris Bueller
npub157t…ve6m
2025-02-10 19:44:46
in reply to nevent1q…j0ge

Bitcoinmaxi on Nostr: to your first point, I think the most common reason people put forth is layer 1 will ...

to your first point, I think the most common reason people put forth is layer 1 will just cost too much to transact in in the future. nation states doing business, large corporations settling layer 2 payments a couple times a week, ect. similar to how I don't want to pay a 25 dollar fee for my cup of coffee but maybe for my down payment on a house because i need final settlement. I'm unfortunately not as familiar with watchtower, but to your point about trustlessness, I just don't think its that much of an issue because the base layer is trustless, anyone can default to it if that is the most important feature to them (I think nation state to nation state trade is a great example here). the more layer 2 solutions we have, the more competition there will be, and more of am incentive for them to act honestly. i think at these higher layers, its going to be more about different features that can be provided to the end user that will be most important to the average person. privacy for example is going to be a big one.
Author Public Key
npub157tdvkdprxlr49qqn84krta7ra7ezqhr2ph7qm6pvtr08tjfj6fq40ve6m