BitcoinSwanson on Nostr: I’m completely there with you on wanting to be a part of the relay system. I’d ...

I’m completely there with you on wanting to be a part of the relay system. I’d love to see many more people be part of it. The problem I see right now is exactly the one you pointed out - the need to get in early. On the main chain, everyone will most likely always be able to self custody, regardless of when they join the network.
With lightning though, not only do we have UX challenges, but I fear that pricing out newbies in the coming years leads to much more centralization of large liquidity hubs and that could make lightning fragile because people will tend to rely even more on custodians. I wouldn’t be concerned if lightning adoption grew faster and fees would rise at a later stage. If fees remain that high for a longer period of time though, lightning adoption with self custody might stall or even decline as it’s not even close to breakeven to run a small node and manage channel liquidity.
As of now we can just hope that this mempool DDoS is just a temporary issue.