Shitcoiners will tell you that Lightning is centralized. Show them this infographic from River.
(Amethyst, Damus, and Primal are included in the social apps section 🥹)
Discussion
Are wavelake and fountain nostr clients? Or they just implemented zaps?
Hmm. I would say no. Wavelake just lets you sign into via Nostr and that's it. The Zaps on Wavelake and Fountain are not Nostr Zaps. They're just Lightning payments.
Different trade-offs for different layers, lightning can afford to be more centralized than the base layer
i mean, if you want to get technical here, Lightning is centralized because the majority of the liquidity is housed on AWS and Google Cloud, but i don't think Lightning itself is centralized at all. there are too many players in the game.
Where would one place Habla news or stacker news on this chart?
#Nostr is the great fan who spreads the satoshis across the galaxy 💨⚡🌌
My Cash-loving hot take:
With how it's designed, someone who wanted it could integrate Lightning-like functionality and capability into Bitcoin Cash without any second layer shenanigans.
With low-fees and the like being its main selling point over standard Bitcoin, I'm amazed no one on the Cash side thought of this... especially considering the point they made about SegWit functionality being able to work without a soft fork back in 2017.
What the fuck are you guys doing?
bch as it is is already low cost
As a user of it, having to wait between 20-45 minutes for a mandatory six confirmations is fucking terrible.
Virtually zero fees is nice, but not when you have to wait for it to be worth a damn. Very rarely have I had a fully confirmed BCH transaction that wasn't a Memo post or a small purchase be done in ten minutes.
Aha, so your concern is the blocktime, and not the fees itself? interesting.
is it doable? yes, you can port lightning to a lot of blockchain (ltc and doge included) but i dont know if the bch community has the same motivation as btc user to run a LN-BCH node. running nodes cost money and with fee incentive almost similar to zero, i doubt there is much interest
BCH developers and enthusiasts pitched it as a low-cost alternative to Bitcoin that could be used as cash (this was before Lightning was launched as a second layer response) and could scale on chain due to initially raising the blocksize to 8 MB (32 now).
It was always intended in its design, and its messaging ("we're the real Bitcoin, not Blockstream Coinâ„¢ (which is Liquid, and no one uses that LOL)!") to be a successor to what was presumed to be a dying cryptocurrency due to the hubris of so-called maxis who took "have fun staying poor" far too literally.
Just like there's barely any BitcoinUnlimited nodes left, I doubt there would be any dedicated BCH-LN nodes. It's why I muse about this functionality being designed on the base layer, because only BCH makes it feasible as a mainstream(-ish) cryptocurrency. The others are privacy coins.
thanks!