educate me please

People that cared about their personal and financial sovereignty

Most desire to be dependent

I love discussing Lightning's limitations 😂

Solutions to this seem to require soft forks. And we're looking at quite a few years before this situation improves, since even in the optimistic scenario where the soft fork does happen, lightning implementations will have to agree on a spec, start adding features after which wallets will have to integrate them.

For eg, multi-party channels would increase the number of potential self-custodial users but afaik it isn't possible without LN-Symmetry which needs additional opcodes.

Will have to wait till the other issues causing drama cool down before serious discussion about it starts again. Even then, rough consensus would take quite a while. People will definitely need to be convinced that this is absolutely necessary as well.

Side bar: having the opcodes that enable both LN-Symmetry and Covenants would go a long way as the latter helps with making Ark non-interactive as well. Idk if the Ark would actually become workable in a trustless manner without it.

I wouldn't lose sleep over this since the day when 10's of millions of people would opt to use self-custodial lightning is probably a few years away. The tools and infrastructure that can handle even that is still not there yet. There's also the question of whether there's real demand for self-custodial lightning, node and channels and all.

People who used it self-custodially till a couple years ago probably still have a bitter taste from all the force closures and fund losses.

In any case, graduated wallets with trust tradeoffs are pretty good interim solutions to onboard people in the meanwhile.