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Lightning is awesome, but when is the last time you tried to send a BTC payment? $65 is an outrageous exaggeration of the fees.
Yup I completely misread that when I checked it… I don’t even know how I got that number. Thanks for pointing it out, will edit
Nat, gentle reminder on the above--I believe you're referring to 2021 when fees hit ~$60; usual price is between $1-$5 if I'm not mistaken
Depends on the size of the transaction, but it's easily under $1. Plenty of transactions could be done on the main chain for less than $.10 right now.
When is the next newsletter being released?
Hi Nat.. Just a question. What's the incentive for people to build on the bitcoin "lightning network" if the take rate is so low?
Always loved your content Nat, would you be open to allowing us to share it with our 60k+ audience as well?
How decentralised and censorship resistant is Lightning compared to the BTC layer? Feel like I don’t have a clear understanding of this still
The para on how it can enable tiny amounts being transacted; like a free subscriber paying just a few cents after reading this excellent article. Breathtaking possibility
Interesting. Been so focused on eth I haven’t used these. But may try.
Lightning is awesome, but when is the last time you tried to send a BTC payment? $65 is an outrageous exaggeration of the fees.
Yup I completely misread that when I checked it… I don’t even know how I got that number. Thanks for pointing it out, will edit
Nat, gentle reminder on the above--I believe you're referring to 2021 when fees hit ~$60; usual price is between $1-$5 if I'm not mistaken
Depends on the size of the transaction, but it's easily under $1. Plenty of transactions could be done on the main chain for less than $.10 right now.
When is the next newsletter being released?
Hi Nat.. Just a question. What's the incentive for people to build on the bitcoin "lightning network" if the take rate is so low?
Always loved your content Nat, would you be open to allowing us to share it with our 60k+ audience as well?
How decentralised and censorship resistant is Lightning compared to the BTC layer? Feel like I don’t have a clear understanding of this still
The para on how it can enable tiny amounts being transacted; like a free subscriber paying just a few cents after reading this excellent article. Breathtaking possibility
Interesting. Been so focused on eth I haven’t used these. But may try.