😂 what’s your solution/alternative so?
Discussion
anything built with or on top of payment channels needs to be written off completely. lightning is a scam to get you to tolerate custodians more and more. custodial scaling goes in the trash can. bankers get the rope. if you don't do this, you don't have a revolution, you have a stupid toy that will just burn your fingers for the thousandth time. please stop this nonsense now.
I want to like some things about cashu, but the fact that it requires total trust is a show-stopper. there is a way to rebuild cashu and make it behave more like a zk-rollup. it would be completely trustless. I think that would be really cool. it requires another soft fork.
https://hackmd.io/@abdelhamid/cashu-starks
UTXO sharing solutions are better than payment channel solutions because they have a better non-custodial UX and they do a better job of enabling more people to be sovereign at the same time. anything like rollups or drivechains. ark might even work. I have seen people call ark a pseudo-rollup. none of these solutions are really worth pursuing without a soft-fork. there are several ways to enable better UTXO sharing.
https://en.bitcoin.it/wiki/Covenants_support
"there are no solutions, only tradeoffs" is a lie written in bumper sticker language by parasites expecting me to tolerate banking and middlemen and to hand over my sovereignty an inch at a time. these parasites are the same people who deliberately try to sabotage discussion of anything that would enable UTXO sharing solutions. adam back has been observed trying to do this in his own free time.
https://x.com/Zatoichi42/status/1903924411331457381
Are you saying to use features of the main chain so? Also why would Adam Back launch liquid or do these options still need more research?
you still haven't figured out what liquid is about?
adam back, and all of his friends together, running a custodial sidechain, with a permissioned and trusted bridge and permissioned block production, passing off L-BTC as if it were as good as the real thing. running lightning infrastructure as a service too. he is a rent-seeking parasite middleman who blocks the stream to sell liquid.
if trustless UTXO sharing gets enabled and people start admitting that lightning actually sucks for sovereign individuals, all of his stuff goes poof. his investment in blockstream and adjacent companies goes to waste. no more playing pretend banker. this is why he flails his arms around and starts saying nasty things to people when they are working on covenants or UTXO sharing. he doesn't want the problem to go away. he is the problem.
So basically, you think people are obfuscating uses of layer 1 that could be used to scale BTC in favour of them offering their own layer 2 custody solutions?