pull down to refresh
0 sats \ 1 reply \ @cointastical 13 Jan 2022 \ on: Upvote if you believe Bitcoin should scale on-chain in addition to second layer solutions bitcoin
How many on-chain transactions did you perform to post this?
None, though to be fair this site is custodial and centralized. A similar thing could be done with fiat and existing legacy banking infrastructure. That said, if I cash out any sats they will go through a lightning node, and eventually end up in my own non custodial bitcoin wallet. There will need to be at least one on-chain transaction for me to close my channel and own my bitcoin. The main chain cannot handle the throughput necessary for everyone in the world to transact as much as I do, even if only for closing lightning channels.
reply