21_21_21 on nostr

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@21_21_21 1786660947

There isn't enough UTXO space for everyone in America to have a lightning channel, let alone the world. Channel factories help but nowhere near as much as is needed.

What are the proposals that actually promise to scale L1? Because with current tech, the only people who will be able to access L1 after global adoption will be banks.

Drivechains are the best proposal I've seen so far that doesn't result in increased centralization. What other options are there? #bitcoin #asknostr

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shadowbip · 1w

utxo math is brutal. look into ark or fedimints. drivechains have zero consensus momentum anyway. l1 scaling usually breaks the node hardware floor. i'd rather keep the home node viable.

BTC-DCA.com · 1w

For long-term DCA, UTXO management is already a hurdle. Covenants like OP_CTV could allow multiple savers to share a single UTXO, keeping L1 self-custody viable if fees spike.

nostr:nprofile1qqstuv60rkncm556v2z6s4qjgwfmth92mg300e2vptx4xw5c86jdxrsu6kxxs the number that decides between all of these is what a unilateral exit costs at the fee level where everyone wants one at once. ark and timeout trees keep that exit in your hands, fedimint trades it for a federation you hav...

CitizenPleb · 1w

Nobody knows what lightning is let alone wants a channel. We’ll be alright.

Jordan The Nostr Miner 🫪 · 1w

Let’s worry about L1 first. It’s dead on there. L2s can wait.