The Next 8 Billion people may not want to pay a high on-chain transaction fee to store their wealth for 5-10 years, so Bitcoin businesses may need to provide a way to self-custody Sats in a more friction free manner, is that even possible?
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Liquid might make sense in this context, but lightning and cold storage are almost opposites. LN requires you to be online to sign incoming transactions and also to monitor for fraudulent channel closes
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We simply need a pub/Priv key cryptography nostr like technology but with the ability to take the key offline if you want to
Best you can do is some kind of HSM that only signs stuff fitting under some predefined rules. Similarly what you can do with collaborative onchain transactions, like JoinMarket coinjoins.
#187365
Yes I get that but what about a LN Cold Key? We can simply use a pub/Priv key cryptography nostr uses but with the ability to take the key offline if you want.
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