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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 ...
Patoshi パトシ's user avatar
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.
Electric_Sheep01's user avatar
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 (...
Chris Chen's user avatar
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 ...
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