Each person maintains only a couple lightning channels per year, big block:
8B people * 4tx/yr * 250B/tx = 8TB/yr
Each year, a full node would have to add $150 in storage if they only use disks
VS:
Small block, self custody:
8B people * 1tx/person * 10min/2700tx = 56.3yrs
Time to make one transaction per person art current rate.
----
There's no way to self-custody for every person at the current rate. As it currently stands, an on-chain transaction will be a once-in-a-lifetime event for 99.99% of people.
James Lewis
npub1nf…pxa3x
2024-12-15 16:20:09
in reply to nevent1q…330d
Author Public Key
npub1nf9vm6uhs4j7yaysmjn9eqlf7et5t6hvrkdqgpd995vcc9yfjyas0pxa3xPublished at
2024-12-15 16:20:09Event JSON
{
"id": "2533a253a1f7a35dec11000ee9051469cd4f1b2f616eceb88a2aae779041b566",
"pubkey": "9a4acdeb978565e27490dca65c83e9f65745eaec1d9a0405a52d198c1489913b",
"created_at": 1734279609,
"kind": 1,
"tags": [
[
"e",
"23f6731e450d09221aea4eeff1256bea2e06d7cf7edb92a40a56a70813a1a39f",
"",
"root"
],
[
"e",
"c3532bf35c328fffb3fb28cc9a37d5bc83b3f742e428ecbf73eda3ea764d5108"
],
[
"e",
"7b8c963a4ec1ef779d3e7c8f08c86d237441cb2551ea43fb00109897448c82d8",
"",
"reply"
],
[
"p",
"9a4acdeb978565e27490dca65c83e9f65745eaec1d9a0405a52d198c1489913b"
],
[
"p",
"a6223de378ea5daad05577b87c9c07eda41b171b02465a6e64f9f4356f46025b"
],
[
"r",
"56.3yrs"
]
],
"content": "Each person maintains only a couple lightning channels per year, big block:\n8B people * 4tx/yr * 250B/tx = 8TB/yr\n\nEach year, a full node would have to add $150 in storage if they only use disks\n\nVS:\n\nSmall block, self custody:\n8B people * 1tx/person * 10min/2700tx = 56.3yrs\nTime to make one transaction per person art current rate.\n\n----\n\nThere's no way to self-custody for every person at the current rate. As it currently stands, an on-chain transaction will be a once-in-a-lifetime event for 99.99% of people.",
"sig": "495f665ede8e9470b31055fcce0350b7a0ff7f1eb84f499011e239c428a0c3c4e93e6a499a3ee85de2b7b5bd9c52b47e9ee939dd7345716405289976b5f13ff9"
}