4 ms·
This doesn't seem factually accurate. Please support this claim with more information and preferably a citation. This isn't how LN works to my knowledge.
by errantmind 5y ago
This doesn't seem factually accurate. Please support this claim with more information and preferably a citation. This isn't how LN works to my knowledge.
- robjan 5y agoWhat I said is factually accurate. It's mentioned on the homepage of the lightning network website in the "How it Works" section. Why would you challenge my statement when you haven't even read the basic information? https://lightning.network/ https://lightning.network/
- errantmind 5y agoBecause you left out some information. These channels only have to be opened once, and at current prices this is around 40 cents. It costs a lot more to both open a bank account and send money from a -> b.
- robjan 5y agoIf you need to open up 6 million channels it will create approximately a month worth of transactions at the current rate and will significantly push up the transaction fee.