Btw, I just wanted to take a second and set a few folks here straight.
You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.
With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.
Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.
/rant
It's not going to stop them. They did not have much of an argument last year either (either facts nor logice), but they beat the BIG BLOCKER nutjob arguments of high fees and slow speeds, to death... repeatedly.
Btw, I just wanted to take a second and set a few folks here straight.
You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.
With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.
Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.
/rant
You do realize that as soon as there is an increased demand for transactions again, fees will go through the roof again, right?
Of course, LN might give us a lot of leeway, but eventually block sizes will need to be increased.
Look above^^^^^^^^... exhibit A ^^^^^^^^
With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.
Tough titties, bucko. Your impotent rant hath no power here. I'll raise the argument whenever I want.
Quite dismayingly, the Bitcoin transaction rate seems to be suffering a lack of interest. It has been chopped in half since the heady days of $20K Bitcoin.
https://blockchain.info/charts/n-transactionsAre there 200,000 transactions on LN between the paltry 1000 or so nodes to make up for it? I admit I have been unable to find any statistics, but it seems rather unlikely.
A peer-to-peer system that is seeing declining use is nothing to celebrate.
Look above^^^^^^^^... exhibit B ^^^^^^^^