A new Mutiny

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Who’s running the LSP?

any implementing Lightning channel, kept honest by the prisoner's dilemma. https://delvingbitcoin.org/t/proposal-bitcoin-deposits-a-zero-utxo-trust-minimized-lightning-wallet/1922

> and a slider between low-fees and high-reputation

lol no one will ever use this. I’m sorry but “we can decentralize bitcoin by moving to anonymous trusted third parties selected based on some nostr pubkey heuristic (or whatever) is just never going to fly. Trust breeds centralization even if you try to split it into a multisig or cross-checked or whatever.

"Reputation" is the wrong word... maybe "invested", or "committed" is better. A well designed prisoners dilemma makes honest behavior more profitable than dishonest

low fees <---> deeply connected