21 sats \ 1 reply \ @mallardshead 4 Aug 2023 \ on: The Future of Custodial Lightning Wallets could be an hybrid one bitcoin
Open source should slowly sand the edges until the experience is frictionless. Looking at where we were with Lightning just 36 months ago to now is kind of insane. Proved so many naysayers wrong. Long ways to go, but where will be in 36 more?
I hadn't thought about custodial LN wallets getting branded as bad actors in a world of hybrid custody that's as fast, cheap, easy, and safe as custody. Your point there is fascinating, and since user empowerment is a principle of open source, I'd say that a wallet that can in a click, but won't, is a bad actor.
If we get the hybrid model rocking on L2, then DEX's (Robosats, Bisq, et al) are going to enter a rapid growth phase, as will the 0auth platforms like LNMarkets, etc.
Yep exactly. With a ridiculous amount of users devs and ressources, what we already achieve in the Open Source LN space is very bullish I agree 💯
In spite of all critics (who may be right sometimes) we are on a very good path IMO
Next steps once self custody is more common in the space, will be improving privacy to avoid LSP to spy on users, but work is already being done in that sense so bullish again
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