Why Nostr? What is Njump?
2023-06-07 15:46:32
in reply to

Thomas Zander [ARCHIVE] on Nostr: πŸ“… Original date posted:2015-08-10 πŸ“ Original message:On Monday 10. August 2015 ...

πŸ“… Original date posted:2015-08-10
πŸ“ Original message:On Monday 10. August 2015 12.53.33 Leo Wandersleb via bitcoin-dev wrote:
> > The reason of it being faster makes no sense, as your example the channel
> > has been open for a month then he really doesn't care it takes 1, 10 or
> > 50 blocks before his transaction is included. What is 5 hours wait on a
> > month of profit?
>
> I guess the assumption here is a full-block scenario where users of LN would
> be willing to pay 100 times the fees users of crude transactions would be
> willing to pay for the same limited space in the blockchain, simply because
> LN would group 100 real world payments into 1 crude transaction.

Thats exactly what I argued makes no sense to me.

Why pay for something you don't need? Paying something Just because you have
money is really not a good business strategy. I doubt that will happen.

--
Thomas Zander
Author Public Key
npub1du3xh5wgds32a5fweqkd9k45kh30wl7kv2kyu8ugz9c2ztdg00tqqvyg93