It is difficult to trade gold over the internet.

if the goal is non custodial perfection then we should just use nuggets of gold and trade peer to peer irl. Why reinvent the wheel

faithandcredit

Hosted channel is custodial. I think it is fair to say that the problem remains unsolved.

moneroshill

bitcoin

Lightning Network -- Fundamental Limitations

> Channel-open transactions must be broadcast on L1, but there is simply not enough L1-space.

Is it fair to say that Hosted Channels solved this? You can open a channel without touching L1, but you are opening the channel to a host, and he will custody the sats, until you move them on-chain, or to another LN wallet, or just spends them..

So is it fair to fair that that problem is solved?