The Daniel 🖖's avatar
The Daniel 🖖 daniel@nodestrich.com 1 month ago
I already read this when you posted it on Nostr a few days ago. When I walk a mile in the user’s shoes, the part that is always the biggest nonstarter is the process of paying an on-chain fee out of their first incoming payment, which has to be a large enough one to establish a channel, and will at some point randomly close, leaving the user wondering where to find their money. I’ve seen it happen countless times. Any wallet that requires one more brain cell to learn how to use than Venmo is destined to be abandoned. People just go back to full custodial services when all else fails.
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Justin (shocknet)'s avatar
Justin (shocknet) thecto@lightning.video 1 month ago
That link is to a second revision to address some of this. The reality is fake L2's don't do anything differently than custodial solutions. They've just re-branded. There's no changing of the underlying physics, there's no free lunch, no solutions- only tradeoffs, fake L2's are just scamming. No doubt that Lightning wallets are bad right now, but this is mostly downstream of mobile node fantasy. This is why I have shifted focus completely to ShockWallet and Lightning.Pub, no one else wants to be honest about this reality. Pub uses trust too for bootstrapping and scale, because again there are no solutions. But, we're decentralizing that to the local extreme, not re-centralizing it.
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