Oddbean new post about | logout
 I am not against L2 scaling. I'm against lightning. no matter what they tape and glue to it you still have to buy at least one UTXO on L1 to own your own money on lightning. there is simply not enough room for everyone to do that. and this is the worst problem, but not the only one. lightning is the wrong answer. you have the opportunity to do sidechains that aren't consortium based, you could be the first people who make rollups with permissionless sequencers, you could do drivechains if you get some BIPs activated. there are lots of other options. do that instead.