Quote from: wilkine on Today at 03:34:51 AM

It will get better, I suppose

LN devs crippled bitcoins onchain capacity/utility to promote users to move over to LN before LN was a proper beta working project

EG at the moment a blocks can only hold so many open and close sessions
so imagine people having 4 channels and locks for about 1 month(standard predictable spending plan)
4 close previous sessions 4 open new session. that 8 transactions per user per month.
(1.6kb)
so for now thats call that 1000 users per block
well over 4032 blocks(a month) thats only 4million users efectively able to open and close sessions per month.
but here is the thing
it only works as upto 4 million users of LN if:
no other transactions are allowed
everyone timed their close-reopen sessions precisely not to bottleneck with others
they intend to spend more times within LN than 8 times onchain

EG if your an ebayer that only uses paypal 2 times a month. where your offered paypal to ebay fee's of 1c
but it costs you $16 jsut to get to use paypal membership each month.
but you could just buy something on ebay direct with your bank card for $2 each($4 total)
it then makes using paypal less of an incentive

the bitcoin devs made onchain transaction fee's increase. removed any rational fee formulae mechanism of fairness and just promoted everyone should use LN even if they are not a frequent user. and even when using LN there is a silly ignorance that not all channels/route will work all the time.

its like they tried to run before they could even get out the womb