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I think the OP built a mockup of Vault, and there is a demo of CTV as well.
Lightning clearly could benefit from some of these improvements given how difficult self-sovereign use of LN is and how few people chose to use it that way.
199 sats \ 0 replies \ @petertodd 3h
Vaults make the self-custody scaling problem worse, not better. They're very inefficient, requiring approximately double the on-chain space to perform a signalling function that could be done just fine off-chain with a normal multisig wallet.
I need to write up a good article on them one of these days... They're just not a very compelling idea.
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113 sats \ 2 replies \ @freetx 5h
OP built a mockup of Vault, and there is a demo of CTV as well.
Thank you for this.
given how difficult self-sovereign use of LN
Agreed. But, is any of that surprising? How many people run their own email server?
I just don't think there is much demand for it....(sadly)
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718 sats \ 1 reply \ @ek 5h
Agreed. But, is any of that surprising? How many people run their own email server?
Maybe they would if it wouldn't be so difficult because it got captured by big corporations
I just don't think there is much demand for it....(sadly)
You are right, because it is currently so difficult.
I think this is also related: If you ask users what they want (= demand), they will tell you they want the proverbial faster horse.
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39 sats \ 0 replies \ @Scoresby 4h
100%
I certainly would like an easier way to use lightning/bitcoin.
I want to be able to
  • send/receive asynchronously (without needing to stay online)
  • without anyone being able to stop me
  • in amounts smaller than the dust limit
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