Given the increasing transaction fees caused by Ordinals activity in the Bitcoin timechain, many Bitcoiners have sought alternative solutions to keep their transaction fees low during these periods. While Bitcoin Layer 2 options like the Lightning Network offer low transaction fees, it may not be practical for Bitcoin hodlers to migrate their entire holdings to Lightning, as many Lightning wallets are custodial, meaning users must rely on a trusted third party to hold their funds. While this custodial approach may be suitable for small amounts that users are likely to spend, many Bitcoiners will feel uneasy about not having self-custody of their bitcoin. Additionally, achieving self-custody of a substantial stack on Lightning would require significant technical knowledge and still necessitate dealing with the Bitcoin timechain. However, the appeal of low transaction fees has driven some Bitcoiners to explore alternative solutions.
A particular challenge faced by Bitcoiners who follow
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