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Lightning network liquidity should actually help solve this. If you maintain a reserve and open a ton of payment channels for folks (those HTLCs are all on-chai

Lightning network liquidity should actually help solve this. If you maintain a reserve and open a ton of payment channels for folks (those HTLCs are all on-chain), this drastically reduces impact of confirmation time and fees.

wokwokwok 5y ago
Should? Is that a speculation? Surely if they’re not doing this for the first time ever on an entire country? Someone has already used a large scale lightning network before right?
- brianobush 5y ago
  Six million is not a huge country. The current lighting network can handle millions of transactions per second.
  - lottin 5y ago
    Has it handled millions of transactions per second before? Last time I checked (2019) it was processing 5,000 transactions per month.
  - ashtonkem 5y ago
    That’s been the claim for a while, yes. But actually delivery of said promises has always been “soon”. And while six million isn’t a huge country comparatively, I personally would be mighty pissed off if my entire country was used as a massive financial experiment for crypto enthusiasts.
- reedjosh 5y ago
  See El Zonte or Bitcoin Beach.