Yes, in the sense that Taro only works on LND lol, but no in the sense that I believe htlc paths are onion routed, but that's Bitcoin htlcs. Don't know how Taro works in depth
Wonder what person such as nostr:npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz would think of this. Bitcoin 102?
Here it is. Rene Pickhardt is even in this thread
https://bitcoin.stackexchange.com/questions/106520/is-bitcoin-lightning-still-not-scalable
Whoops, replied to myself instead of you lol
What? Lol I've literally only seen article after article about how great it'll be and how the current progress on it is solid and going well
And come on dawg you know the lingo soft fork brother, like taproot/segwit style. We don't hard fork in this house
I don't know, that's what I mean by I'm learning about it lol. I just heard we needed APO softfork to get channel factories.
Starting to dig real deep into the technical details of channel factories and any preev out
I'm chilling brother.
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Look Forward, into the Future Bitcoiner
With the onset of NFTs and shitcoins storing their data on Bitcoin's base layer (a very clear indicator that increasing blocksize does not solve the scaling issue as shitcoiners would just store larger and larger pictures, in case you needed another reason) people are looking to lightning, and complaining.
There are a few things to realize about lightning in its current state. The reward for opening a channel now, is saving on fees for the 3rd and 4th transaction you want to make. In this way, the fees for opening a lightning channel should not be thought about as fees for a single transaction, but for many transactions to come. There are many other issues with current day lightning though, and for that we need to look forward, into the future.
Channel Factories
To me, talking about channel factories is beating a dead horse, but I recognize that many people who scoffed a lightning fees before as being too high when on-chain was cheap, might be unaware of them. Suffice it to say, assume 1 transaction on-chain is $100 worth of sats. A channel factory opens channels for many people in one transaction. So to the individual, assuming 100 people are opening channels, the channel opening fee is just $1. This is a simplification of course as a channel factory transaction will be larger in size than a normal transaction with all the Bitcoin scripts it needs to work, but if you want to read more, the bitcoin manual wrote a decent article on the topic: https://thebitcoinmanual.com/articles/btc-channel-factories/
So....there's other stuff too that allows for liquidity swaps without the current day "channel rebalancing" methods, but I can't find the source lol. It was a video from an El Salvador conference I remember but I can't find the video where that developer was talking about that project. So anyway, feel free to share the improvements you're excited about in the comments.
As lightning is not a global state, but a channel by channel basis, its not as big of a deal if shitcoiners have shitcoin channels between each other
Plebs realizing channel factories are pretty neat and a thing we need to hurry up a tad
You gotten into Bitcoin art yet Roya?
Lightning network going hard tho. I know too many nyms that didn't care for lightning because on-chain fees were too cheap.
Congratulations, you have adopted the personalities of all the other Bitcoiners lol. We can't shut up about Bitcoin too