176 sats \ 1 reply \ @faithandcredit 24 Jul 2022 \ on: Daily discussion thread
Do you think we will see a popular lightning network wallet ditch the lightning network and form its own centralized solution instead, essentially forcing its users to use it? I mean it could be advertised as faster, cheaper and safer in some regards and offer charge backs.
Imagine if WoS had a million users for example. This would likely include individuals and businsses, i guess they could have their own internal payment solution and then maintain a connection with LN for external payments. No reason to ditch it?
Maybe. Network effects matter. Most custodial wallets could do this, but what matters IMO is that the underlying technology doesn't require this and ideally outcompetes custodial solutions.
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