All Questions
Tagged with blockspace-market lightning-network
4 questions
0
votes
2
answers
211
views
What is the estimated USD fee price in BTC when Bitcoin is worth 1 million dollars in the future?
Currently, fees in Bitcoin are quite high ($1-$30) to move anything under $50 USD. If Bitcoin is worth 1 million dollars one day, how much would an on-chain fee be? Assuming blocks are going to be ...
3
votes
1
answer
886
views
Is there a solution to paying high fees when opening and closing lightning channels once we hit a fee only market?
Paying several hundred dollars to open and close a lightning channel seems uneconomical. This is a common argument against lightning by big blockers, I’m yet to read a valid argument against this.
3
votes
1
answer
86
views
Does LN require an on-chain "emergency lane" to mitigate systemic risks?
According to LN social slides, a fee market (in other word: "congested mempool", to my understanding) is good. But, there's systemic risks around penalty mechanism, so some sort of on-chain scaling (...
5
votes
2
answers
156
views
Lightning incentive for micro-cheating?
New to Lightning, and I'm having a hard time understanding something about the incentive system.
So, if block sizes remain fixed, and transaction fees become prohibitively expensive one day, owing to ...