The debate over the Bitcoin Lightning Network (LN) has intensified over the past days and weeks. Critical insights came yesterday from Alexander Leishman, CEO and CTO of River, and David Marcus, an ex-Facebook executive and CEO of Lightspark. Their recent statements shed light on the potential and challenges which the LN is facing.
Leishman sparked the conversation by pointing out the challenges in user experience (UX) for consumer self-custody within the Lightning Network. He remarked, “Lightning is great for custodial to custodial transfers. Huge UX challenges for consumer self-custody with LN.” This comment underscores the difficulty average users face in managing their LN transactions, a crucial aspect of wider adoption.
Bitcoin researcher and developer Robin Linus, who gained significant attention last month following the publication of his “BitVM” paper, added: “It’s time to admit to ourselves that we oversold Lightning to each other, presumably as a form of PTSD afte
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