I didn't say anything about hosting a routing node either...
It still takes a few open channels, at least $1000 in liquidity, an always on reliable PC, to have even a semi reliable node for sending and receiving payments...
That's way too much effort for someone to just be able to send smaller Bitcoin payments instantly. So they use custodial. That to me is not the adoption I want to see. That to me is the same kind of adoption the ETFs drive.
Replies (3)
lol no I mean a mobile app with lightning built in.
Like Zeus? It's probably the closest thing to something good. Phoenix wallet too. And Muun right? Or did they close up shop too?
Remember Mutiny? They couldn't make it work. People don't want to open a wallet and say you gotta deposit $100 first and we're gunna lock $20 of that forever until you exit, it's going to cost a few bucks from chain fees to even set it up.
Lightning has protocol level contraints that are huge roadblocks to a normal person using lightning custodially. That's all. That doesn't mean I think lightning is bad or useless. It's just not the instant fast payment rail for the every day man. That's all.
New bolts help / can help with the not always online nodes I guess. To me a lightning node should really always be online, never offline.
Just a huge headache to me. No one said it was easy tho.
