Subnostr

On Custodial #Lightning Adoption in #Nostr.

1. It is impressive just how easy custodial #Lightning wallets have become. #[0] accounts for a majority of zaps on #Nostr because setup is effortless and it "just works". Credit where credit is due.

2. Noncustodial #Lightning is critical to the future of financial freedom and the overwhelming populatity of custodial wallets, even if used for pocket change, threatens this future. We cannot become complacent.

We need to lift up these noncustodial experiences to the bar of ease set by the wallets that users prefer. The best way to do that is by providing constructive feedback to developers and contributing code.

Shaming other Bitcoiners because WoS made a kick ass UX is not productive. Instead, lets hold all #Lightning wallets to the standard of the current best in class experience.

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Discussion

J 2y ago

Exactly this.

captjack 🏴‍☠️✨💜 2y ago

ordinary folks should move large funds to self custodial mainnet wallet only - cold wallet keep them offline as HODL - running LND CLN 24/7 online is NOT layman task.

Paul 2y ago

Well said. #[1] has a potential opportunity here to switch over to non-custodial wallets? Is it even possible at this point for them to pivot?

Laser 2y ago

I see no reason they couldnt go hardcore FOSS and noncustodial, but as of now I don't see any indication of that either.

Perhaps their team will chime in.

corndalorian 2y ago

Well said. Any solution for non-custodial zaps that wants mass adoption has to be as simple as running an app on your phone. Any other requirement, like a connecting to a remote node at home, etc, is going to be a nonstarter for most people. Breez, Phoenix, etc, have made a good enough experience for sending non-custodial lightning payments that they are great solutions for that. They are not great solutions for receiving because they are not always online. Until that solution exists on a mobile device with no requirement for an external node, those griping about custodial wallet usage are wasting their breath and losing influence because they just sound like curmudgeons with ego problems.

J 2y ago

Don’t forget the rural folk. Mobile data is all there for some.

J 2y ago

All there is for some. Sorry.

johnny 2y ago

I agree and it is seen in the statistics of new users who do not have LN address configured in their profiles.

Seth For Privacy 2y ago

Well said, and a very balanced take 🙂

0xtr 2y ago

Good take🤙

RamenCoffee 2y ago

The main hurdle is owning bitcoin and securing a node.

it would have to be something like a spending node, hosted on a mobile device, easily linked to a trusted LN node, that can only sign tx with an external device like a tapsigner or a Coldcard nfc.

And then you'd need some way to use up dirty fiat to get funded.