Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees
115 satoshi payment you cannot even make a payment so small on BCH and took a whole 2 seconds with a fee of 1 satoshi
Here's another for a whopping $0.000086 (0.00000001 BTC) Could you donate me 0.00000001 BCH to prove its possible to make a small micropayment on-chain
Here's another for a whopping $0.000086 (0.00000001 BTC) Could you donate me 0.00000001 BCH to prove its possible to make a small micropayment on-chain
What do you think is the real reason for that 'cheap' tx type?
Hint: Security
Which miner has done PoW on that and spent real longterm investments on that and will do for long term future?
And pls, if you try to trick Bitcoin users into LNcoin usage it would be nice if you offer a proper financial disclaimer to these users and inform about eventually new risks of losing funds.
Otherwhise I d fear you are using Bitcoin's 9year track of on-chain security as a Troian Horse to derail users into your fancy new beta version construct of netting tx with a LNcoin, where still funds are lost. Sure you can send 1 sat and nobody cares. But how about a few 10k Bitcoin?
You really are clueless LNcoin you mean Bitcoin ?
If you are sending large payments like 10k then you are not sending it over lightning you are making a on-chain payment
Lightning is for all the normal everyday transactions ones that typically are under $1000
How many times a day you buy something for over $100 what about $5-$10 probably quite a lot.right
How many times a month do you buy something for $10000 I'm guessing maybe once every so often and definitely not multiple times a day
LN network is for everyday use things you buy daily or multiple times a day things that have no need to be on chain
The PoW happens when you open the channel to prove you have the funds and close the channel