
Read_792 - How CTV Helps Scale Bitcoin
By Guy Swann
Aired Jan 17, 2024 · 49m · Last boosted Jun 22, 2025
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"Part of the problem of Lightning’s shortcoming regarding scalability of Bitcoin ownership is that in order to open a channel, or control a UTXO, you actually have to transact on the base layer. After that Lightning can facilitate a very large number of transactions off-chain but a user must still transact on-chain to onboard themselves to Lightning, It massively increases the number of transactions Bitcoin can process but it does nothing at all to increase the number of people who can own bitcoin. ~ Shinobi With scaling a hot issue again, and CT...
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Shitnobi doesn't understand mempool sovereignty. But he did understand vtxo ownership scaling. OP_CTV would be lovely and entails basically no added complexity and solves multiple problems in an extremely simple way. Would love to have more content like this. I'm still wrapping my head around how vtxos work, need to look at more stuff. But one of the most important things is that this is simple, composable, and does not make Bitcoin Turing complete.




