dvdc on Nostr: All layer-2 protocols (including Ark and LN with channel factories) require ...
All layer-2 protocols (including Ark and LN with channel factories) require unilateral exit to remain 'trustless.' However, as more people use them, there are fewer opportunities to perform that exit among untrusting parties, thus bringing us back to the same problem: trust is introduced.
For example, if we use channel factories to scale so that individuals use an on-chain transaction once every 6 months on average, we can get many more people on-chain. But that means, on average, each person can't make another transaction for the next 6 months, including exiting the channel factory if a peer goes offline or maliciously force-closes, which most will find unacceptable to hold their money. So, the implication is that each person needs to trust the rest of the peers, which we can facilitate better outside of layer-2 protocols.
For example, if we use channel factories to scale so that individuals use an on-chain transaction once every 6 months on average, we can get many more people on-chain. But that means, on average, each person can't make another transaction for the next 6 months, including exiting the channel factory if a peer goes offline or maliciously force-closes, which most will find unacceptable to hold their money. So, the implication is that each person needs to trust the rest of the peers, which we can facilitate better outside of layer-2 protocols.