Like, if you've ever installed and received cashu/eNuts whatever, you are like "o shit. I just RECEIVE it? I don't have to make an invoice or manage channels or get raped on fees to just start using it?" Cashing out or depositing via lightning makes it click into place.
Discussion
so u mean u receive ur bitcoin on chain or is it stuck between address ?
No the bitcoin is secured by a funding transaction on layer 1, layer 2 operates with some concessions, but allows movement of liquidity for lower fees with high confidence that you will not be cheated, and an array of layer 3 solutions have various other tradeoffs and benefits. Layer 3 is where we will select our bitcoin-secured financial products and Layer 2 will be the common commodity rails allowing interoperability between layer 3s, and layer 1 will be the exit to final settlement.
So are u writing eth bridges and L3 solutions and trust ?
Fedimint and cashu already do this, but they are still in early development
I mean they interoperate with lightning as the entry into and exit from their chaumian ecash solutions
nothing will go wrong XD.
It sounds like you like to complain a lot. Have you tried Twitter?