> they'll allow fees to go up even further

fees are going up with or without soft forks.

> If you can't get out of your UTXO does it matter whether or not you own it?

we need to at least try, otherwise you definitely won't own it

UTXO pools will probably make the problems we've seen in Lightning a lot worse because they'll allow fees to go up even further. If you can't get out of your UTXO does it matter whether or not you own it?

anon

obviously its not perfect, but we need someway to scale utxo ownership, 1-to-1 payment channels won't scale bitcoin non-custodially

benthecarman

bitcoin

Rethinking Lightning

UTXO pool's aren't magic. You still need to keep liquidity available to exit the UTXO pool if necessary. And because huge numbers of people will be locked up in one UTXO when pools fail fees will spike causing people to lose money. All these covenant proposals are *expensive*, requiring large transactions to get stuff done. A bunch bigger than Lightning.