Oddbean new post about login | logout Do you run a node or do you just make up shit as you go? Because if you run a node, my god, you must be terrible at doing it.
I run a node and yes, I am shit at doing it.
Most of us are, but we still do it anyway. 😅
Pack it up bois, leave node running to the pros. I'm not worthy of the priveledge nor possess enough intelect nostr:nevent1qqsyqh82lvwdm55qldenuzeefzvxkmfypp2al2untgtcrp8kunfqdlgppemhxue69uhkummn9ekx7mp0qgs9pk20ctv9srrg9vr354p03v0rrgsqkpggh2u45va77zz4mu5p6ccrqsqqqqqpr9ln7f
Have you tried Zeus, Mutiny, or Phoenix? All three are very easy to understand self-custody lightning wallets.
Yes
And what were the issues with using those?
They are fine pieces of software that make it as easy as possible to use Lightning in a self-custodial way. That was never in question. The UX issues exist at the protocol level, they are stuff that apps can't easily solve. Things like: the need to run a service 24-7, liquidity management, incoming liquidity, routing and failed payments. Not to mention the overreliance on lnurl which has a whole different set of requirements
While I agree those are all issues, there is no technology without tradeoffs. I personally don't think that those make lightning unusable or even especially difficult, and they are problems which exist with lots of internet technologies. It will continue to get better and different layers with different tradeoffs will start to be more popular. 5 years ago, there barely was a lightning network. Now, it likely accounts for the majority of Bitcoin transactions (not by volume obviously but by quantity). For better or worse, probably over half the world is waiting until their bank offers a Bitcoin checking account before they decide to try using it. And that isn't because of a small blocksize or high fees, blocks are basically empty right now. So let's not break a good thing.
I agree with most of what you said. I like LN, that's why I dedicate time and money on it. But I'm not pretending it has good UX.
People that are shit at running nodes (and terrible node default settings) are the reason the average person feels burned by lightning. nostr:nprofile1qqs0nt9skq6vfsgh06v979rrnuchau87mmnk2lqxpv2xaeusqfp30mqpzamhxue69uhky6t5vdhkjmn9wgh8xmmrd9skctcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkctc9ad278is right, running a routing node is not for the average person.
LMAO I didn't even had to make this shit up, someone eventually wrote it unironiacally nostr:nevent1qqsxt3sn6qyegs52k9rj8lwwweggv4vw2j7ev7gu57m4y0msvvsag7cpz4mhxue69uhkummnw3ezummcw3ezuer9wchsygxpax4n544z4dk2f04lgn4xfvha5s9vvvg73p46s66x2gtfedttgvpsgqqqqqqs3z5fh5
A routing node is not the only option, you can run a private node and have a much better experience
That's exactly what I do
And you still are bitching about it?.
Hahahaha yes! Fucking connect Zeus to it and you literally have the best UX and fully sovereign. I don't believe he's running a node.
Private node? You opened multiple channels in unannounced mode? Why are you balancing them then? They're private, they don't route. Private channels work better when they're not balanced. Surly you've read the manual and know that? Only public channels need to be balanced. They work better when they are balanced because it provides paid routing opportunities to route other people's payments. Private channels never route payments so being balanced doesn't do anything for you apart from waisting fees balancing the channels. There's no point balancing private channels. RTFM
I never claimed that I rebalanced or needed to rebalance channels. Maybe instead of constantly crying RTFM you can actually read what I wrote and address the central point.
100% agree. The vast, vast majority of the world will never run a Lightning node in the current state of usability.
The vast majority of the world don’t operate their own website either. The goal is to make it easy to switch custodians.
Quick poll: who here believes this is the final goal? No judgement, be real nostr:nevent1qqs29u7c93dxf0vm0pyml9ray809ntfqrf020q5njfq9klfnuzmu5rgppemhxue69uhkummn9ekx7mp0qgsqddupn4l3cl65wggcyehd009g0pwuatsfudh28f90vewx68vrylqrqsqqqqqpjuwky7
Holding money on a phone/watch should simply have two variants: -Fully featured easy UX with node/lightning/mint in background (with thought-out failsafes) -limited good ux but tiny data footprint
I wouldn't say it is the goal. Complete freedom and self custody is always the goal. But I do think that this is a realistic outcome, and I don't believe it would be due to technical challenges. Most people don't want that level of responsibility that comes with that freedom. If one day it becomes clear that 250M+ are trying to use base layer Bitcoin, my perspective may change.
Folks will work 100k hours in their life but won't even spend a day a year to manage their own savings throughout their lifetime. They'll spennd money every day but think "someone else can do it, money's not my kind of thing" Crazy to think they'll spend a day a year keeping a node reliable! 🤣 This isn't a dig on the LN protocol; there are Uncle Jim islands everywhere using their channels well. It's aimed at "lightning" the nebulous term that means "all things not-onchain regardless of how custodial or nonprivate or poorly designed or thought out"
Whats your opinion on the way muun wallet handles "lightning transactions" with submarine swaps?
It makes it easy for people to use, but it provides a bad UX when fees are high.
Here you go: nostr:nevent1qqsxt3sn6qyegs52k9rj8lwwweggv4vw2j7ev7gu57m4y0msvvsag7cpz4mhxue69uhkummnw3ezummcw3ezuer9wchsygxpax4n544z4dk2f04lgn4xfvha5s9vvvg73p46s66x2gtfedttgvpsgqqqqqqs3z5fh5