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How much are Lightning transaction fees?
by Centmo 4y ago
How much are Lightning transaction fees?
- hiq 4y agoMore relevant: how much are Lightning transaction costs?
- bubersson 4y agoBetween 1 to 100 satoshi usually - so fractions of a cent. (1 BTC = 100 000 000 sats)
- dmitriid 4y agoSame. Lightning gets around them by bunching a bunch of transactions into one bitcoin transaction. Which is exactly what people have been doing with card processing for ages now. And of course there other payment systems around the world that don't rely on card transactions. And don't forget that the entire lightning thing is dependent on banks aka nodes with large sums of money to provide liquidity in the system.