Lightning Network : a look back after 8 years. And a proposal to implement "twin nodes".
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1481 sats \ 3 replies \ @nullcount 23h
Why would someone invite competition to take a bite out of their cash cow? The incentive for successful operators is to downplay the profitability of LN routing.
If you aren't getting paid enough with routing, then your node isn't useful enough. Its not your fault. Its not LN's fault. It just maybe isn't a job for you and that's okay!
Also, your full node isn't a public service unless you forward ports and seed blocks. Even then, its not that useful because your residential internet connection is likely capped on bandwidth.
There is incentive already! Help people complete their payments, get rewarded! What you suggest is like a welfare subsidy for nodes that aren't helping anyone.
Protocol daemons are not apps!
Implementations should stay specialized in the core functions and leave opinionated UX decisions to app developers and service providers.
In conclusion, I agree with your case for more accessible redundancy options at the LN node level.
I think most issues with LN node unreliability stem from inexperienced sysadmins going too deep into a tech stack they don't understand, using hardware that's designed for controlling Christmas lights (Raspi) instead of a proper enterprise grade server that's made for critical payments infrastructure.
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21 sats \ 0 replies \ @gandlaf21 19h
very based comment
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51 sats \ 0 replies \ @C_Otto 22h
I agree.
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20 sats \ 0 replies \ @nikotsla 11h
Based chad
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18 sats \ 0 replies \ @dwami 11 May
There is some truth and certainly some room for improvement but hey even VISA goes down and more that he might be aware of. Also many things are just not true but is a good click bait sure, the fact that it is mentioning only custodial solutions when phoenix is very good and user friendly. Lightning is not VISA, it is not a system for normies, they might use it one day who knows but I think that this is not the aim to which bitcoin and lightning has to aspire. Normies will use normies things this will be used by other people. And then there is layer 3 mints...
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67 sats \ 0 replies \ @crenshaw 18h
Something that I think gets lost in all the hype around Lightning is how heavily it's been subsidized by VC. The growth we've seen over the last eight years has had little to do with organic adoption, contrary to the popular narrative. VC has funded most of the ecosystem including development, infrastructure and especially, marketing.
There's still a chance that bet pays off, but I think a lot of the shortcomings this post highlights indicate otherwise.
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0 sats \ 0 replies \ @pbl4eagain 16h
"Make Lightning work like a consumer app, not like a sysadmin puzzle." so true!! great work! Although it did help me get better at understanding linux terminal all those years ago
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