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10 sats \ 3 replies \ @DarthCoin 16 Mar 2023
https://blog.yonson.dev/log/2023-03-vol2/
One aspect that you didn't mention about hosted channels: you can be your own hosted channels provider....
Be smart, let the others to figure it out, what that means.
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0 sats \ 2 replies \ @yonson OP 16 Mar 2023
I was thinking very much from an "LSP onramping new users" perspective, which might be too limiting. But are you saying that any ol' node operator could offer hosted channels?
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10 sats \ 1 reply \ @DarthCoin 16 Mar 2023
I wrote some guides about that:
- https://darthcoin.substack.com/p/bitcoin-private-banks-over-lightning
- https://github.com/Darth-Coin/Poncho-OBW-testing
- https://darthcoin.substack.com/p/obw-open-bitcoin-wallet
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0 sats \ 0 replies \ @yonson OP 16 Mar 2023
Dope, thanks!
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10 sats \ 1 reply \ @fanis 16 Mar 2023
First: damn, I love the design of your website!
Second, that's a great list already. One addition could be the Swap In Potentiam scheme where by depositing on-chain funds into a 2-branches contract with your LSP beforehand, you can enjoy instant deployment of said funds in Lightning when you need them. The contract helps minimize trust for both parties.
Not sure it fully applies to the onramp use case, as it requires depositing funds on-chain beforehand (so that they have the time to confirm), but that's the only additional mechanism I could think of on top of the one you already covered.
Cheers!
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0 sats \ 0 replies \ @yonson OP 16 Mar 2023
Going to dig into this, thanks!
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