Oddbean new post about login | logout Onchain fees are affecting the usefulness of these wallets right now. Telling a new user they have to pay 40k sats/$15 just to have the privilege to spend on lightning is terrible UX. I currently use or have previously used all the wallets above and I am hoping they can continue to innovate to improve the UX or else lightning is doomed to cucked custodians.
I agree. My main motivation was to spread awareness of these trade offs. The availability of this information either online or in the UX also varies from wallet to wallet.
This is really where Lightning non-custodial really fails. Regardless of how much improvements are done to the UX, this will remain an issue. I heard solutions like using one channel for multiple users, I wonder if my understanding is correct, but that could be a trade off some willing to make. I doubt this will be the future. We will have to wait and see.
LN has more in common with banks than it does Bitcoin.