Taproot Assets on Lightning: the first multi-asset Lightning protocol on mainnet

[NotATether]

I tried once to receive a 300 usd payment using electrum and I gave up.

Can you even imagine newbie trying to use that? No chance.
Maybe we should wait for another 10 years for LN devs to fix this 

The whole point of the Lightning Network is to make Bitcoin easier to use for newbies. And also faster, yeah. The "easier" part is not working as expected, though, unless someone else is doing all the bootstraping for the user.

I guess that's what happens when we trade off decentralization for speed. Trilemma be damned, security is not even involved here.

[dkbit98]

The whole point of the Lightning Network is to make Bitcoin easier to use for newbies. And also faster, yeah. The "easier" part is not working as expected, though, unless someone else is doing all the bootstraping for the user.

And Lightning is also not always cheaper than the main chain, that is a paradox, and it get's even worse because you have to pay additional fees to move coins on chain.
As much as I don't agree with Roger Ver, he was mostly right about Lightning Network, that is only few people promoting it and trying to make money from it.
Now it's to late for them to drop support for Lightning, so they will ride that LN wave until the end.

[bitmover]

Now it's to late for them to drop support for Lightning, so they will ride that LN wave until the end.

There is no need to drop support.

I think LN is useful for people who use it.

For example, it is a cheap wat to move funds between two exchanges without using altcoins.
It might be good for small recurrent payments as well, as you can use custodial wallet for small amounts

But we certainly need to look for a better L2 solution

[dkbit98]

I think LN is useful for people who use it.

Literally nobody is using Lightning, except some shills who get paid to do it.
I researched many websites that accepts Bitcoin and other cryptocurrency payments, and in all of them there are almost no use of LN, most people use Monero, Bitcoin and some stablecoins.
This are the simple facts, and building something on top of that is a terrible idea.

[bitmover]

I think LN is useful for people who use it.

Literally nobody is using Lightning, except some shills who get paid to do it.
I researched many websites that accepts Bitcoin and other cryptocurrency payments, and in all of them there are almost no use of LN, most people use Monero, Bitcoin and some stablecoins.
This are the simple facts, and building something on top of that is a terrible idea.

There are few servers which accepts.

For example,  bitpay
https://bitpay.com/blog/bitpay-supports-lightning-network-payments/

Binance as well.

I think LN is basically a way to transfer money between custodial services  , as regular users are not able to setup a wallet by their own

[NotATether]

There are few servers which accepts.

For example,  bitpay
https://bitpay.com/blog/bitpay-supports-lightning-network-payments/

Binance as well.

I think LN is basically a way to transfer money between custodial services  , as regular users are not able to setup a wallet by their own

On Nostr you will also find a lot of people who use Lightning Network.

But LN adoption is not as high as we would like.

I find that compared to using coins such as DOGE, that the operational costs of maintaining an LN node are higher when you make tiny payments occasionally in the case where you do not want to use a custodial wallet, but rather maintain your own node. It is a bit surprising.

[dkbit98]

There are few servers which accepts.

I was talking about merchants and websites that are offering goods and services for crypto payments.
Bitpay is payment processor, and binance is exchange, so that is not actual adoption.
If LN is custodial service than I don't care about it at all.

On Nostr you will also find a lot of people who use Lightning Network.

Use it for what exactly?

[bitmover]

On Nostr you will also find a lot of people who use Lightning Network.

Use it for what exactly?

I was looking at nostr, but I didn't create an account yet.
https://nostr.com/

This looks like an interesting new decentralized social media, but I don't know anyone who uses it yet.

I use already só many forums, and one social media with my real name. I don't think I can handle one more lol

[dkbit98]

This looks like an interesting new decentralized social media, but I don't know anyone who uses it yet.

I created Nostr account for testing but search function was not working and I was unable to find anything.
They should warn people to first read big instruction manual before registering on Nostr.
I saw there is some marketplace for LN but I hope I don't have to pay each time when making a post or comment.