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moneyball moneyball@primal.net 1 year ago
There is yet to be a silver bullet scaling solution for cryptocurrency. Instead, what we have for now, and possibly for a long long time, are many solutions each with distinct tradeoffs that will match different user needs. The secret sauce to making this all work is LN. View quoted note →
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Replies (17)

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moneyball moneyball@primal.net 1 year ago
For non-custodial LN wallets, liquidity ads and the LSP spec are liquidity management solutions (realized in code such as
GitHub
GitHub - lightningdevkit/lightning-liquidity
Contribute to lightningdevkit/lightning-liquidity development by creating an account on GitHub.
 and by services such as Voltage and Olympus). Ark and statechain-based solutions take different approaches. Yet other solutions such as Fedimint and Cashu, or Cash App and Coinbase, because they're custodial/pooled funds, avoid those challenges altogether.
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NewBeliever 1 year ago
#ecash #cashu LN and liquidity management should disappear behind the scenes, IMO. ⛓️On chain for savings 💰 💌 ecash for spending 💲
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the axiom 1 year ago
Why do you suddenly feel the need to market Lightning for a network in which 99% of the people love Lightning already and are constantly zapping?
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Sovtoshi sovtoshi@minecraftstr.com 1 year ago
Yes! People who claim Lightning is dead or doesn't work just don't understand where and how it fits into an entire model. My game would not work without Lightning. There is no blockchain that would allow in game transactions at the speed required without it running on a local node. As it is, I have an in game wallet that works IRL because it is IRL and not actually in a game despite feeling like it is. View quoted note →
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moneyball's avatar
moneyball moneyball@primal.net 1 year ago
The secret sauce I refer to is LN as the connective tissue or glue between systems. I'm asserting it is unique in its ability to instantly settle payments between disparate systems.
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moneyball moneyball@primal.net 1 year ago
Oh, well I don't think the point that LN has found product market fit as the open payment protocol has been discussed hardly at all, so I wanted to start the conversation. The fact LN is enabling nostr zaps is super cool but not in and of itself a demonstration of it being the open payment protocol. It is the emergence of Fedimint and Cashu e-cash systems that largely demonstrate that LN is becoming that as well as Ark and statechains support for LN as OPP.
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nout nout@stacker.news 1 year ago
The corrorary of this is that any new solutions and L2s have to integrate with lightning to have any relevance.
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MSTR383 MARApig@nostraddress.com 1 year ago
Moneyball revolutionized the sport but never did anything great for the A’s 😝 Signed-a depressed and former A’s fan. Sell the team!
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the axiom 1 year ago
But sure, LN has been thought of as the network that integrates multiple custodial services and layer 2s for many years now. I don't know if this is a new insight, but I may have misunderstood you.
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