If you install Phoenix Wallet, you run a lightning node. It does not require any skills

Reply to this note

Please Login to reply.

Discussion

It requires always being online for transactions. But in any case we weren't talking about Phoenix, I was specifically talking about Alby's custodial wallet, which defeats the purpose of self sovereign bitcoin.

We're literally wrote this to communicate we're working on self sovereign solution

I see that, but its just PR fluff, most people won't use it. Like all those companies releasing 'self hosted open source' software who sell a subscription service because they absolutely DEPEND on most people not self hosting. If that were to change then their business kinda fails.

I struggle to visualize a world where most people even use lightning. Though I accept it could happen. But do you honestly visualise a world where most people who use lightning will self custody aswell? I think theres a much greater chance of quantum computing breaking bitcoin before that happens

I don't know, it's definitely not ready now, but may be in the future. I am convinced future is multilayer, not everything will be happening on lightning. Every layer design has tradeoffs, and some are better for one usecases, other for others