Replying to Avatar Crusty 👨‍💻

Random idea:

Dynamic lightning LSPs

Idea:

You don't have static lightning channels through LSPs. When you want to send sats, you just ask for a quote. Then you get a popup of options to send your money through different LSPs with its fees.

This could increase competitiveness. Also would give more flexibility.

What do you think?

#asknostr #plebchain #btc #lightning #bitcoin #sats #idea
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Big Barry Bitcoin 1y ago

I don't understand. LSP's have an on-chain setup cost. What you are suggesting implies that this is a negligible cost which it is not.

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Crusty 👨‍💻 1y ago

No. I don't suggest it is negligable. Also I am not talking about a how. It is more like a "what". Might not be possible.

I rather tried to come from a user perspective in this idea.

I think I heard a sub-utxo idea, where multiple people can create a subutxo, that can be combined together to make one utco to make onchain fees smaller. But it requires some trust I think. But this might be a direction for this idea I have here.