StackSatsRaiseFamily on Nostr: Layer 2s require trust of the layer 1 actor. You trust the guy opening the channel ...
Layer 2s require trust of the layer 1 actor. You trust the guy opening the channel that he isn’t going to block your transaction or steal fees. This is what Watchtower does retrospectively, if I understand it correctly. Also, layer 2s don’t support the network/miners. BTC has to be transacted on the layer 1 to maintain security. I I think lightening is great, I enjoy using it as much as the next guy, but I don’t know that it will tolerate scaling for a number of reasons, several I’ve listed above.
Published at
2025-02-11 13:42:56Event JSON
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"content": "Layer 2s require trust of the layer 1 actor. You trust the guy opening the channel that he isn’t going to block your transaction or steal fees. This is what Watchtower does retrospectively, if I understand it correctly. Also, layer 2s don’t support the network/miners. BTC has to be transacted on the layer 1 to maintain security. I I think lightening is great, I enjoy using it as much as the next guy, but I don’t know that it will tolerate scaling for a number of reasons, several I’ve listed above.",
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