Jeff Booth on Nostr: Can be self custodial - Like Breez, and allow liquidity in larger LSP’s The ...
Can be self custodial - Like Breez, and allow liquidity in larger LSP’s
The difference (imo) is that the trade off is some centralization of LSP’s because of efficiency, while keeping them honest through the free market. (Ie - if they raise prices too high, people flee to competing solutions.
Published at
2024-02-11 22:04:41Event JSON
{
"id": "db2602f19dcacb4271771f53b077c03c246c1426fd3eb80531706204cb278e3e",
"pubkey": "83e818dfbeccea56b0f551576b3fd39a7a50e1d8159343500368fa085ccd964b",
"created_at": 1707689081,
"kind": 1,
"tags": [
[
"e",
"de0df810b71caa3258017dea78f66f746da9a2af197b2bc20ffb7c5b90a97223"
],
[
"e",
"f2aa2157c6d6a5bfb6e4d0b24a38e4d5fbbd91bd71b2c4664290037878e5a781"
],
[
"p",
"98a386c766ac9250f4ce1b500662fd08e4d464a1915743eedc83bd50521decac"
]
],
"content": "Can be self custodial - Like Breez, and allow liquidity in larger LSP’s \nThe difference (imo) is that the trade off is some centralization of LSP’s because of efficiency, while keeping them honest through the free market. (Ie - if they raise prices too high, people flee to competing solutions.",
"sig": "b2f5de5b5054e95df3513d41c103771df609e84efc2663bb6d416d5f8ef6dd4e990c118d6f428e6542dad54ee11b9f8d0da2db8da4362dadd14a848d997d61c2"
}