Bitcoin fees would skyrocket if you tried to put every zap or coffee purchase on it, then those things would become uneconomical and people would stop doing it. You need a system that is noncustodial and isn’t tied to bitcoin fees. This is what lightning is for.
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Speaking of Lightning. Fix your node. I wanted to zap this comment 🤣
Here's my controversial opinion. Firstly, Bitcoin Cash was right - their solution would have at least stopped the bleeding temporarily.
Secondly, I send Bitcoin all the time and pay less than $1 in fees, and it confirms within the next block. You can even choose to pay lower fees, and who cares if it's slow, it's a donation.
But if nobody else would support doing it on Nostr, there's no point. Or maybe I should just do it and prove everybody wrong. 🤓
Is it scalable to expect everyone on Nostr to self custody lightning or are you assuming many users will use custodial lightning?
almost everyone uses lightning through a custodian. not using it through a custodian creates an unsustainable onchain footprint since every noncustodial lightning user must periodically do L1 transactions to fund and rebalance their own channels. you run into the same exact problem as the L1 for coffee scenario, just a little bit later. lightning should be scrapped in favor of other L2s.
You can batch them. And reuse the relay network. Plus you can use side-chains. Add on top of that all the technology being built with taproot and it comes seamlessly to the npub/nsec system. Including smart contract, zero knowledge proofs, silent payments, and the equivalent of covenants without needing a fork.
