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11 sats \ 4 replies \ @DarthCoin 2 Jun 2023 \ on: Are lightning cold wallets possible? bitcoin
LOL what for? That will be useless.
onchain = is The Vault, the savings, the HODL, that you barely move it (only for opening/closing LN channels)
LN = is The Payment Network, your spending pockets, your "commercial bank", day to day use.
People should learn how to THINK LIKE A BANK, not just be your own bank...
https://i.postimg.cc/MTL2kvT0/3level-stash.jpg
Hmm to splice or to swap. What do you think DarthCoin? I personally can see its utility for large LSPs, but for private channel users, it seems much less useful.
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- sats on LN are like "hot". It must be hot, otherwise why are there in the channels.
- sats on LN MUST flow, otheriwse is NOT liquidity.
- LSP means liquidity not holding. MUST flow,
- you use LN for spending, payments, not for holding. It doesn't matter if is a big node or personal node
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Hmm I think you interpreted my question to be relevant to what OP was asking. It wasn't. I was asking about what you thought about using a swap vs using a splice for switching between LN and on-chain.
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Oh yes, that is totally something else from OP question.
swaps and splices are not eliminating one to another.
Are complementary.
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