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I think the biggest thing that needs to happen is Lightning Network. If it works like it should it'll be the end of slow transactions / high fees.
by thefourthchime 9y ago
I think the biggest thing that needs to happen is Lightning Network. If it works like it should it'll be the end of slow transactions / high fees.
- Blindedwino 9y agoHaha, good one.
- AluminiumPoint 9y agoGood one? It works, made a purchase this weekend ($4 stickers), channel cost $2 to create with a segwit tx. From then I can send/receive transactions for 1 satoshi. LN is here. Watch it grow!
- ActsJuvenile 9y agoLoading and unloading Lightning channels creates separate transactions. Depending on how often an open channel is used, Lightning can increase the transaction load.
- gruez 9y agoneedlessly opening/closing channels also costs transaction fees, so as long as most users are rational, this wouldn't happen (too often).