I don't understand. What is the solution? Custodians? With all the regulation and risks and considering the fact that many custodians had to close their doors recently and none showed up to fill their void and only the KYC ones remained, do you still think that is a workable solution for the long-term?

I used to think Lightning would have a million custodians, but we'll end up with 10 KYC custodians if that many.

Also how do you use covenants to scale Lightning? All the problems you've cited remain even with all the covenants in the world.