ethereum virtual machines have more bitcoins deposited into them than the lying notwork.

LN: 4824 BTC (a huge chunk is custodial wallet services)

noncustodial EVM implementations: 4815 BTC composed of

RSK - 3202 BTC,

tBTC - 1309 BTC,

renBTC - 304 BTC

custodial EVM implementations: 158168 BTC (only WBTC)

EVMs trustlessly hold about as much BTC as the entire lying notwork. also, all custodial LN wallet services combined hold fewer bitcoins than the custodial WBTC contract. this makes the EVM the most popular bitcoin scaling solution today in terms of capacity. TPS numbers are probably higher too.

EVM users enjoy L2 scaling solutions that don't suck ass. tBTC on the ETH L2 Arbitrum can be kept in hardware wallets because rollup technology doesn't sacrifice cold storage.

the holy grail:

* I want to hold BTC noncustodially

* I want to use cold storage and hardware wallets

* I want fees to be cheaper than BTC mainnet

* I want to easily send or receive any amount, large or small

* I don't want to make any onchain transactions myself if I don't have to

laser eye maxis haven't delivered this. with lightning and payment channels in focus, it simply will never happen. methheads and only methheads have been able to deliver it. they would do more for you than you would ever do for them.