Replying to Avatar utxo the webmaster 🧑‍💻

Losing 4 BTC :(

All people who like to tinker with lightning need to read this front to back

https://stacker.news/items/347361

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Rich Nost 2y ago

Let's say that you find a bug in some layer 3 custodial accounting abstraction built on top of lightning. WYD? Do you find a whale user, drain their account, and go have fun with $150,000?

Someone will.

nostr:nevent1qqs2jdtdzeahamk7ncrwxewjxtfwt8q3wszqdmcgmmepth6sjnpkwggpz9mhxue69uhkummnw3ezuamfdejj7q3qutx00neqgqln72j22kej3ux7803c2k986henvvha4thuwfkper4sxpqqqqqqzl2x0sd

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Discussion

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OceanSlim 2y ago

Most coins lost have been self rugged. This is why I don't recommend multisig to average users.

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Rich Nost 2y ago

Definitely not average users. I recommend multisig only after they can prove to themselves they can walk through a worst case recovery scenario on testnet.