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The main impact is still Bitcoin price. Anything that makes Bitcoin's price go up makes the mining energy usage go up too. The fees are just a bonus. But anywa
by rspeele 5y ago
The main impact is still Bitcoin price. Anything that makes Bitcoin's price go up makes the mining energy usage go up too. The fees are just a bonus.
But anyway:
1. A transaction creating a channel factory for 6.4 million different keyholders would be too large to fit in a block.
2. 6.4 million users on LN would be a great target for flood and loot[0].
[0]https://medium.com/blockchains-huji/flood-loot-a-systemic-attack-on-the-lightning-network-5c3dac7bba24 https://medium.com/blockchains-huji/flood-loot-a-systemic-at...