The Fastest Horse in the Race Wins the Payment 'No one uses lightning' - There is more to the store. Lightning will win at the end

The Fastest Horse in the Race Wins the Payment

'No one uses lightning' - There is more to the store. Lightning will win at the end

The article examines the Lightning Network's remarkable progress and argues that its exceptional speed will ultimately lead to its dominance. That said, I wouldn't entirely dismiss the upcoming L2 alternatives, though they largely depend on Lightning as a shared foundation—essentially positioning them as L3 layers. One key oversight in the piece is the prevalence of custodial setups across much of the Lightning ecosystem, alongside persistent routing challenges in the non-custodial portions.

Spondulix is a Lightning Network ATM designed for exchanging traditional currency for Bitcoin. It's not evident whether it supports the reverse transaction—swapping Bitcoin back for fiat—which I'd value more highly in nations reliant on cash, especially those grappling with rampant inflation. Standard Bitcoin kiosks are now commonplace in low-income areas, yet it's disappointing that the cheaper fees of Lightning-based transfers remain underutilized. That said, the economic advantages ought to propel demand for devices like this, and I'm optimistic they'll gain wider adoption over time. https://satosys.tech/bitcoin-p2p-trading-interface/