Casa CTO Jameson Lopp was interviewed on a recent episode of the Stephan Livera Podcast, and the conversation quickly turned to Bitcoin’s Lightning Network soon after the discussion began. Casa has a plug-and-play Bitcoin full node available for sale that includes Lightning Network functionality, and Lopp was providing technical support to customers over the holidays. During this time, Lopp was able to gain a better understanding of the current state of the Lightning Network and some of the current issues with the layer-two payment network.
“It definitely still has a number of rough edges to be worked out,” Lopp told Livera, adding that the #reckless hashtag is still very much appropriate for Lightning Network users.
While Lopp briefly mentioned the security issues associated with the Lightning Network due to the requirement to store funds in a hot wallet (a bitcoin wallet connected to the internet), he mainly focused on a usability issue when talking about some of the network’s current limitations.
Maximizing the Usefulness of the Lightning Network
According to Lopp, one of the key issues Casa is trying to help their customers with right now is figuring out how to manage their channels on the Lightning Network.
“The stuff we’re running into more often with our users is trying to figure out how to make it as seamless as possible for a Lightning node operator to maximize the use of their node,” said Lopp.
While the Lightning Network is a powerful improvement in terms of the efficiency of bitcoin payments, a user’s wallet needs to be setup properly to get the most out of those efficiency gains. By opening the right channels with the right amount of bitcoin in them,