flix on Nostr: Lightning Network ⚡ really proved its usefulness during high fee environment. I ...
Lightning Network ⚡ really proved its usefulness during high fee environment. I tested and both custodial solutions like Primal, WoS and self-custody like Phoenix worked smoothly.
Obviously it was not a good time to open or close channels.
High fees provide the incentive to continue to innovate and scale. LN ⚡ can probably take us to the next billion users, but beyond that we are going to need even more scaling solutions.
For 8 billion people to use Bitcoin we are going to need a LOT more.
Published at
2024-04-21 11:34:38Event JSON
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"content": "Lightning Network ⚡ really proved its usefulness during high fee environment. I tested and both custodial solutions like Primal, WoS and self-custody like Phoenix worked smoothly.\n\nObviously it was not a good time to open or close channels.\n\nHigh fees provide the incentive to continue to innovate and scale. LN ⚡ can probably take us to the next billion users, but beyond that we are going to need even more scaling solutions.\n\nFor 8 billion people to use Bitcoin we are going to need a LOT more.",
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