This feels like where we are now in Layer 2 land.

Mercury sort of competes against Liquid (1:1 lateral peg).

Ark vs Cashu, TBD which one will stick, both interop w/ LN (Ark can exist w/o LN though).

Fedimints on LN continue development.

Do we need LN when Ark?

Let's check back in 4yrs.