Oddbean new post about login | logout Liquid is too slow for zaps.
Right, aren’t blocks like 2 min? I guess options are good, this doesn’t seem like a good fit
Doesn’t liquid integrate with Lightning?
I don’t think natively.
Sounds like it could potentially be pretty powerful if Confidential Transactions can hide the amount of LBTC on a Lightning node.
Why too slow? Once sent, the sender doesn’t haven’t to worry about confirmation time and doesn’t need to remain online during the confirmation period.
Maybe you are right. Things are already so confusing. Do we need a new type of zaps that don’t work for everyone? We have Bolt12 headwinds coming anyway. I like Blockstream, a lot. It’s just Liquid isn’t happening.
Self custodial lightning has proven itself so far to be a bad solution for tips on nostr, as much as every bitcoiner may wish the situation was different. Bolt12 doesn’t fix that because the receiving wallet still has to remain online to receive payments and still has to have adequate incoming liquidity. A mere handful of people in the world are going to bother dealing with that. Everyone else will continue to use custodial solutions. Liquid is proven and reliable especially when compared to other options like fedi and cashu. Maybe that will change over time, but for now I wouldn’t touch cashu/fedi zaps with a 10 foot pole for anything beyond small play amounts until they’re more proven. Liquid isn’t perfect either, but it’s preferable to running and maintaining a lightning node.
The problem is, that you right on every point. Yet I think the ship has sailed.
What ship? 😅
The shipcoin ship.
With all seriousness. This is like HD-DVD and BlueRay. We chose BlueRay. It’s very difficult to change now.
I don’t agree with that because lightning and liquid are interoperable. Much different situation than video formats. Being unable to receive payments while offline is a huge issue for Lightning. There is no winning solution for that issue yet, and the only viable solution so far, custodial Lightning, is becoming less available, not more. What will take its place?
I don’t know. Custodial Bitcoin Vs Non-custodial Not Bitcoin. Hard choice really.
Why not advocate for mweb and zside Zcash orchard drivechain then it's non custodian with better privacy
I don't know. This issue is about compromises. and i dont think we settled on what is the best compromise.