Quote from: Oshosondy on January 03, 2024, 10:39:32 AM

Quote from: Lucius on January 03, 2024, 10:22:58 AM

Of course there is an alternative, but how many people even know what Lightning Network is and how to use it, even on this forum? In addition, in order to use LN you have to open a channel, and to do that you have to pay an on-chain fee, which is again a problem when the fees increase significantly. What will happen if someone comes up with a way to make LN transactions disadvantageous in any way - the new LN?

Lightning network is online. It is good for small amount of money. So why need to open a channel? You can use some wallets that have a channel for you. All you will need to do is to download the wallet, open the wallet and do backups and start using lightning network without opening any channel.

So you're saying that there is a wallet in which you have total control of the seeds, in which you don't need to open a LN channel and you don't need to move funds to the wallet owners address and still works?

Please do tell more!

Quote from: Lucius on January 03, 2024, 03:28:26 PM

Quote from: Oshosondy on January 03, 2024, 10:39:32 AM

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It's strange how you didn't think of that ten days ago when you were giving advice to a friend, because it would help him a lot to save on fees every time he makes the new transaction. Maybe in the future, everyone who has a complaint about fees should forget about complaints (especially public ones) and simply start using LN? When the matter is already so simple, why at least twenty topics on the subject of high fees?

I love that everyone says just use LN, use LN, but if we would be able to go around with a lie detector and ask if they have used LN in the last 30 days we will see that there is a lot of empty untested regurgitated advice in all those lines.

Quote from: thecodebear on January 02, 2024, 03:53:45 PM

No reason to think people can't use bitcoin as a means of payment in the future cuz of fees, because nobody is going to be paying mining fees to make payments because that is not what the base chain is for.

You can't use LN without the main chain!
As long as you don't lock (or whatever word suits the action better) your coins from the main net you won't be able to use it, simple as that.
Second, I'm really curious how this will work when miners will not get a single cent in fee, but I can picture it already, some scrap diver collecting 100-200 old miners from the dumpster will be able to not 51 but 99% the chain for a few months if he wishes.