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0 sats \ 1 reply \ @2053456d48 10 May \ on: Things Bitcoiners Don’t Want To Hear (2020) lightning

I just wish LN payment always remains free or operate with just small fees.

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15 sats \ 0 replies \ @DarthCoin 10 May

Wrong,

LN payment always remains free

This is a misconception among many new users.

  1. LN was never free and never was intended to be free.
  2. LN was created as a payment network to be fast and easy to pay with sats, adding more privacy and instant FINAL SETTLEMENT. This is what many do not understand. LN is instant settlement.
  3. LN is a perfect example of how free market works for fees. The LN routing are adjusting based on demand and offer.
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