Replying to Avatar Meridian

I think you could be right, Swan.

The fedimint / ecash model is a great example of this in action.

Users of a mint interact with one-another, solely on layer 3. This accounts for a significant bulk of transactions, within a given jurisdiction.

When a user of that jurisdiction wants to interact with an outsider, the mint handles the logistics, behind the scenes, by falling back to layer 2 (LN) communication, with the outsiders mint.

In this way, the bulk of transactions are handled at the highest layer possible, falling back to the layer below only when strictly necessary, to provide seamless interoperability.
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aljaz 2y ago

Lightning is a trustless settlement technology that enables counterparties to cooperate and coordinate without establishing trust. Its a connective tissue upon further layers will be built, each having different tradeoffs and use cases.

Its very unlikely that it could handle every payment under the sun, but it can handle bulk settlements and act as a bridge between ecosystems

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