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My understanding is that it's been a game of patch wack-a-mole and last week was particularly difficult

Silver lining here is that fake L2 wallets built exclusively on swaps are facing their comeuppance. They were warned.

Is Muun still a thing?

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I think so, one of Odell's favorites iirc.

But afaik it didn't actually use a Boltz endpoint, rather some purely trust-based scheme.

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Odell is rekt on all levels

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92 sats \ 0 replies \ @Car 3 Aug

ya but I imagine someone is testing zeroconf

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Sounds like the wheat is about to separated from the chaff

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Don't be surprised if you end up with a hand full of chaff and no wheat.

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128 sats \ 1 reply \ @tomlaies 3 Aug

spoken like a real optimist

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It's an aspirational kind of thing

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I won’t be surprised by much right now

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337 sats \ 4 replies \ @justin_shocknet OP 3 Aug -420 sats

Extremely good thing this is all happening in the depths of the bear market, would probably have caused an 80% draw-down if it happened during euphoria.

The ecosystem will be a fortress in a few months after everyone has a chance to catch up.

Indeed!

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20 sats \ 7 replies \ @Car 3 Aug

knew it, always trust your pleb spidey sense

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wait. Are we talking about swap based wallets or all custodial lightning wallets? Have I missed something?

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15 sats \ 0 replies \ @justin_shocknet OP 3 Aug -100 sats

Most custodial wallets pivoted to fake L2 swaps

Others may minimize hot wallet risk out of caution and that may create liquidity tightness and failure rates, but nothing existential

I've had two channels close so far.

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102 sats \ 3 replies \ @justin_shocknet OP 3 Aug -420 sats

Fortunately this only downs fake L2 swap-based wallets, they and their users we warned.