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littlecranky67 | 9 days ago

You mistake is, you overestimate the amount of people who want to be self custodial. You don't need to onboard every human being in the world on-chain.

discuss

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sanswork|9 days ago

Given the US example that would be several years in the absolute best for lightning case to onboard even 5% of individuals. Lightning is doomed from the start.

And if you don't care about self custody then the overhead of using a blockchain is a waste.

littlecranky67|9 days ago

It is not black/white. It is okay to have the freedom to become self-custodial anytime, but not everybody needs to transact in self-custody all the time.

Taproot was another major step that enables lightning upgrades in future versions (such as zero-fee channel opens) that is barely discussed. The number of X years for onboarding Y amount of people is not accurate, as it disregards all major developments of the last 5 years.