Oddbean new post about login | logout While I don't agree with Seth's Monero promotion, he is 100% correct to take a stand against the Nostr community's rush to custodial lightning. I understand that some people need to use these solutions for whatever reason but when thought leaders of Nostr are promoting custodial lightning they have lost the plot IMO. If everyone is using custodial lightning, what are we even doing here?
So hear me out... the ONLY reason people are using WoS right now on here is because LNURL. Even i downloaded WoS to get LNURL. I assure you that the sats don't sit in that wallet for very long
Exactly why we need BOLT 12 yesterday instead of everyone just using a poor alternative in LNURL that is hard to do in a self-sovereign way (as it requires an entirely separate web server etc.) BOLT 12 has been around for 2y and implemented in Core Lightning for 1.5y and yet we can't actually use it. Sad and depressing state of things, IMO partially caused by people being able to skate by using crappy alternatives due to offloading responsibility to a 3rd-party like WoS.
I'm with you on that. I'm just stating WHY people are using non custodial wallets. Non custodial wallets are just as simple to use as custodial wallets so I don't see it being a problem when Bolt12 arrives. Life isn't fair, sometimes we just need to wait.
100%, Bolt 12 is the answer. LNURL is a stopgap that does a lot of cool things while also encouraging custodial solutions. I think Lightning Labs is a big stumbling block here. They seen to be prioritizing a "stable" coin usecase that could very well be obsolete when they get it into production.
💯 If we had BOLT 12 as we should have ages ago, most of the issues with Zaps would be a moot point as it would be far easier to do things the right way.
I get that most people aren't going to run a BTCpay server. I think what irritates me is the "thought leaders" of Nostr that promote paid Nostr related services and they are using a custodial lightning address service. Seems to me like we are building the Nostr ecosystem on sand.
I'd personally rather nostr adoption be bootstrapped quickly on white belt custodial lightning than slowly on black belt non-custodial lightning. It's not like the custodial option was randomly chosen as the advocated experience. When the risk is a couple dollars of zaps, you look like a hairshirt demanding everyone be as intractible as you.
Very strongly disagree. This same approach is often the reason for things failing to be done properly at all or making it far more difficult down the line because shortcuts are taken up front for "mass adoption" sake. It's not even that hard to do it right today, let's just do it right from the start and all throw our weight behind proper, self-sovereign, self-custodial solutions.
"Nothing is so permanent as a temporary government program" And so it will be with Nostr Zaps. "Eh, it works so I'm not going to bother changing it ever." Unfortunately I'm very confident years from now that the reliance on custodial zapping will look much the same as it does today.