100 sats \ 5 replies \ @_b_o_n_e_s_ OP 28 Oct 2022 freebie \ parent \ on: What is the solution to this? bitcoin
Interesting 🤔 How does less advanced self custody solve it, and what does that look like?
Because less advanced self custody means people can run their own lightning nodes and open channels?
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Self-custody means I and I alone can spend my funds. That's what it means to me at least. If someone can run a lightning node for me and open channels for me, but not spend my funds without my approval (ie signatures), that's self-custody still but far less advanced than me running my own lightning node and managing channels. If running a node myself and opening channels myself becomes one-click trivial, that's less advanced self-custody.
The problem to me isn't that permissioned systems exist. It's that they are 10x easier to use than permissionless versions. If we can close that gap, this problem proportionally minimizes imo.
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Right that does make sense and I hope we can close that gap. What I don’t know is, how we can solve the problem of sovereign lightning being relegated to slower networks.
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the problem of sovereign lightning being relegated to slower networks.
The main thing that makes the sovereign network slow is Tor, but Tor isn't a dependency of lightning - IP is. Better, faster overlay networks will emerge. .e.g. @l0k1 is working on Indra. VPN-like services will improve. NAT holepunching will improve.
If we acknowledge slowness is a problem, it's hard for me to imagine we just accept the problem and don't solve it.
I don't want to minimize threats/problems, but maximizing them by assuming software stasis is sillier.
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Right. Now that really does make sense. Will check out link. Thanks
And thanks for SN too! Been here only few hours and really enjoying it ✌️
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