Theory of Everything on Nostr: The trouble with the Lightning network is that it becomes an expense. Maintaining ...
The trouble with the Lightning network is that it becomes an expense. Maintaining channels is laborious, And force closes are an issue when you have channels open for more than a few days. I really feel Bitcoin has a role as an asset more than a means of transaction. The consumer mentality around instant payments works only for people who are not doing formal business with each other, Just casually spending. If I care enough a 1 hour confirmation process between myself and someone I am involved with financially is not a big ask. It’s when I don’t care that I want instant payments, And I try not to use bitcoin for things I don’t care about. Maybe a few wallets maintaining these channels becomes the lightning network, Asinq is the largest and Phoenix wallet is their product. I have always used Muun and had good functionality. I would only want to run my own channel in an event, Concerned around privacy, And only for a short time.
Published at
2025-01-16 17:02:23Event JSON
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