Quote from: cryptosize on Today at 08:44:23 PM

Quote from: HmmMAA on Today at 01:55:45 PM

Nope , you are wrong . If someone has enough liquidity can transact infinitely in LN without closing it's channel/s . In what way that person supports the miners ? On the contrary , with a very small investment , LN nodes work like parasites that suck fees from the true backbone of the system , that has cost billions of investment . Imagine if all transactions move to LN , and miners just wait to be paid from opening and closing channel fees . How would that be sustainable ?

That will never happen.

It will take decades to open channels for 8 billion people (assuming all transactions are LN-related, which they aren't, since we also have Ordinals and other stuff).

Besides, BTC uses a free market system to determine fees: https://mempool.space/

If fees drop again to 4 cents per TX (it happened a few months ago), who's going to use LN compared to on-chain?

It's a self-regulating system (just like the hashing difficulty). There's nothing to worry about.

As long as the top five pools do not blacklist all tx under 50 sats a byte.

Fuck if I was a CEO of one of the top five pools I would try to do an Opec oil type group and set min trans action at 50 sats just to see what the market does.

https://www.blockchain.com/explorer/charts/pools

Summary of Mined Blocks

Miner / Pool--------Percent

Foundry USA-------33.333%

AntPool-------------22.337%

F2Pool--------------13.574%

Binance Pool--------9.794%

ViaBTC--------------8.419%

total of ----------- over 87.2%

If they blacklist all tx under 50 sats a byte it would be some real fun.

I have to think they will try it.