This was an embarrassing reverse for 2019 World Cup hosts England ahead of their upcoming five-match home ODI series against Australia and a reminder of how Eoin Morgan's side have been undone in one-off games, such as last year's Champions Trophy semi-final loss to eventual winners Pakistan in Cardiff.
England will lock horns with Australia for the limited over series starting from June 13.
"You have a couple of really good players who aren't in the mix at the moment, having said that, we do have a really versatile squad, an injection of youth which is always helpful, so there's a lot of energy and a lot of players who are really believing in themselves at the moment".
"To be captain of the team is a huge honour and massive privilege, so I am just looking forward to getting into it on Wednesday", he said.
The world No 1 one-day worldwide side were embarrassed in Edinburgh but, ahead of a series against Australia which starts on Wednesday, Morgan chose to view it as valuable preparation.
"The wicket was so good, but it was probably a 330-340 wicket and we just gave them too many runs".
Former captain Adam Gilchrist has insisted it would be "business as usual" for Australia on the sledging front as soon as they come under pressure.
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Paine will look to the experience of Aaron Finch - who has scored five of his 10 ODI hundreds against England - and Glenn Maxwell (despite a run of poor form), as well as players such as Lyon and Shaun Marsh who have been on previous Ashes tours of England.
He said: 'We have got to enjoy the occasion.
"Internally we know what's right and what's wrong, and that's what counts".
"It's now about living our actions, we've spoken about internally about our values as a team and how we want to be perceived by the Australian public and by the cricket public in general". We'll be judged exclusively on our actions going forward.
Morgan needs 110 runs to overtake Ian Bell as England's leading run-scorer in ODIs.
Jos Buttler will return to an England team still recovering from Sunday's shock six-run defeat to Scotland.
However, the Scots will have a second attempt against the tourists, with the teams meeting again on Wednesday. First of all, it's great for Scotland.
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