Post
Topic
Board Development & Technical Discussion
Re: The Lightning Network FAQ
by
Wind_FURY
on 13/11/2020, 06:05:49 UTC
LN is a bit like a spoke-hub: instead of making a connection from anywhere to anywhere, everyone makes only a few connections.
That's just plain wrong. The Lightning Network is completely distributed at its core.
But..... How far is the current Lightning Network from being completely distributed? I get that it's theoretically possible, just like it's possible to send a letter from A to B without using a centralized distribution center, but I'd expect a few large nodes to handle the majority of transactions because it's much more efficient that way.


Plus only a few large nodes can handle the costs, and handle the opportunity costs by earning them back in fees.

Quote

https://twitter.com/alexbosworth/status/1318778737228349440
Quote
Today my nodes reached 0.21 BTC (currently $2,500) in routing fee earnings, on 83 (currently $1,000,000) of forwarded BTC.
That's 0.25% fee on average, not bad for small transactions (paying 5 sat to send 2000 sat), but if you're sending a few mBTC, on-chain fees can be lower already.

From what I've seen so far, this is much more likely:
Quote
Realistically I have earned 326 Satoshi over the last two years


Then how did Alex Bosworth reach $2,500 in routing fee earnings?