Damus
jb55 · 42w
bitcoin will be custodial by definition under some amount, as it is not economical to have dust utxos. The challenge of L2s will be to manage the transition between uneconomical custodial channels and...
BohdanKhmelnytsky profile picture
We’re talking about the lightning network! Not onchain! So the dust in the fat channels is okay where you will be able swap it onchain! My point is that default path should lean toward minimizing reliance on custodial setups but you guys basically recreated fiat economy on nostr!
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jb55 · 42w
Ok, but who are hosting these sats in fat channels for people just getting started? These are by definition custodied sats in existing channels (onchain utxos) until it’s economical to create a non-custodial channel.
Dikaios1517 · 42w
"Hi! I'm new to Nostr and want to try out zapping, what wallet should I use?" "Whatever you do, stay away from custodians because they can rug you. Go get yourself a Start9 for $900, install Bitcoin Core, LND, and Alby Hub. Then you'll need to get about 1m sats for your first channel. You might be ...