No, Lightning is not dead.
But let this be a wake-up call that we should not put all our eggs in one basket.
We need to explore alternative scaling ideas.
Therefore I am supportive of the covenants softfork and the OP_CAT proposal, which help many Layer 2s.
Lightning is looking pretty dead.
There's no fork, soft or otherwise, other than a supply increase, that elimates the need for UTXOs to be shared at a certain scale.
The sharing of UTXOs is ultimately a political system, and a technical implementation can't fix human weakness. At best it shrinks the scale of such system.
That being the case, there's no reason to incur fork risk since the smallest scale shared UTXO is at the family level- where SQL is adequate.
OP_🐱 ftw
