With Mutiny shutting down, I am moving on to join TaprootWizards to help build out CatVM.
Working on Mutiny has made me come to terms with the current bitcoin scaling limitations, and we're hopefully going to show what's possible in the future. Catvm excites me because it is that it's a radically different model compared to something like lightning.
I'm still very bullish on lightning, however, there are so many pain points for end users. I've wrote my thoughts on it awhilet ago:
https://stacker.news/items/379225/r/benthecarman
In the post I mention Fedimint being the interm solution which I still believe to be true, but if in 20 years, we're still using Fedimint, that would be very bad imo. The current way bitcoin is moving is to custodial systems which can compromise the future of bitcoin, we need to try something radically different.
CatVM is a completely new design to scale bitcoin, with no channel management, no liquidity requirements, no interactivity assumptions, and a bunch of eager users who can’t wait for it to launch. It has a million ways it can go, so I'm excited to be a part of the team that's going to try to make it possible.
I don't think lightning network is dying, but I do think everything we could have done to script everything out to make it as easy and scalable as possible has been done. I think we're ready for the next soft fork. I think we're ready for LNHANCE (CTV + CSFS + IK), BUT some people say not so fast. They want to see us try with just presigned transactions. I think this will go hilariously terribly, but maybe we just need to put on the clown suits and make presigned transaction based timeout trees.