3 sats \ 3 replies \ @elvismercury OP 22 Nov 2023 \ parent \ on: Stranded sats bitcoin
For example, the no priority tier in mempool is 10 sats/vbyte. At current prices, that means tx's less than 5460 sat ($2) would cost more to move than they're worth. Is that dust?
The Unchained article linked to in the SN article I linked calls this "operative dust" which I like -- dust (like most things) is a relative term, that takes its meaning on prevailing circumstances. At the margin, UTXOs move in and out of the "dust" category.
I'm not sure L2 solves this problem.
I'm too dumb about the technical nuances of LN to say anything specific about it -- I was using L2 in the fully-general sense to mean any mechanism by which people / entities can transact that's not base chain.
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228 sats \ 2 replies \ @random_ 22 Nov 2023
Thanks for the new vocabulary!
I'm too dumb about...
Fuck that noise. 80iq or not, you gotta have a growth mindset. Besides, I had just assumed you meant LN. Not sure about other L2's. For all I know liquid is the holy grail.
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0 sats \ 1 reply \ @elvismercury OP 22 Nov 2023
Yeah, my mom always says that too. The growth mindset part, not the Liquid part. Although maybe her position on Liquid has evolved.
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0 sats \ 0 replies \ @random_ 22 Nov 2023
Forgot the saying but now I remember.
never forget your entire life that you are a divine and sacred and holy man
Or woman
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