Post
Topic
Board Development & Technical Discussion
Re: The Lightning Network FAQ
by
BlackHatCoiner
on 27/06/2021, 18:39:29 UTC
Edit: The only "fractional" satoshi solution accepted by developers is decreasing transaction fee, for example to one satoshi per kilobyte (or one satoshi per transaction later if needed). But as there are no developers treating fractional satoshis on L1 seriously, they will never be introduced and if they would exist on L2, then they would exist on L3, L4, and so on, so they would never be needed on L1.
Hi, would you, or anybody else, mind explaining me why there are so many layers of the lightning network? I googled it, but as always, I wasn't assisted properly. I'm a LN newbie BTW and willing to dive into the details now that I have some available time.

however that then plays into  the 'shareable' units (scarcity) debate. of adding more shareable units available at the bottom end
Actually it doesn't; it'd have the same scarcity after all, whether we hard forked msats in the source code or not. The number 21,000,000 BTC would never be exceeded. It wouldn't even touch it.

the funniest part is. i am a bitcoin(btc) maximalist. i dont want to go playing on other networks or made/forced to use other networks just to spend my value FAIRLY.
Why is this the funniest part and why are you forced to “spend your value” with LN?