Vlad on Nostr: You know that Lighting is not very good tech When it was built since day 1 to be ...
You know that Lighting is not very good tech
When it was built since day 1 to be blockchain agnostic
With atomic swaps between chains being heavily advertised in the beginning
And a year of scrutiny & testing on Litecoin
Only for Litecoin to stop maintaining it
Decred is the only other chain that still supports Lightning
And Lightning on Bitcoin, in spite of all the hype and heavy marketing, has less than 0.023% of supply locked in channels and only works decently when heavily centralized (though there are failed transactions even between custodial wallets)
What a waste of time and resources! If only we didn’t put all eggs in this basket and encouraged the market participants to come up with the best designs for scaling solutions where self custody + unilateral exit are non-negotiable
But then again, I’m pretty sure that the companies supporting Bitcoin developed secretly hope nothing ever gets achieved so CBDCs and other centralized solutions can get adopted within this short window of opportunity
Tether on Tron is the best example of such a product. So successful even the most hardcore maxis are afraid to criticize
it due to various conflicts of interest
Published at
2026-07-13 23:40:13 CESTEvent JSON
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"content": "You know that Lighting is not very good tech\n\nWhen it was built since day 1 to be blockchain agnostic \n\nWith atomic swaps between chains being heavily advertised in the beginning \n\nAnd a year of scrutiny \u0026 testing on Litecoin\n\nOnly for Litecoin to stop maintaining it\n\nDecred is the only other chain that still supports Lightning \n\nAnd Lightning on Bitcoin, in spite of all the hype and heavy marketing, has less than 0.023% of supply locked in channels and only works decently when heavily centralized (though there are failed transactions even between custodial wallets)\n\nWhat a waste of time and resources! If only we didn’t put all eggs in this basket and encouraged the market participants to come up with the best designs for scaling solutions where self custody + unilateral exit are non-negotiable \n\nBut then again, I’m pretty sure that the companies supporting Bitcoin developed secretly hope nothing ever gets achieved so CBDCs and other centralized solutions can get adopted within this short window of opportunity \n\nTether on Tron is the best example of such a product. So successful even the most hardcore maxis are afraid to criticize\nit due to various conflicts of interest\n\nhttps://image.nostr.build/abec5de652156857be07cb34a79b4ad70b3e6122b4ef890ca9216afb9ef0f228.jpg",
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