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Replying to Avatar prochronist

Many in the comments under impression fees would be too high…and though, yes, fees would be higher than Lightning, the idea here is to use nostr:npub1psm37hke2pmxzdzraqe3cjmqs28dv77da74pdx8mtn5a0vegtlas9q8970 on the backend, which has a sats/vB 10x lower (0.01) than usual (Liquid default is 0.1). This makes average fees ~40 sats. Pair the lower network fee rate with a threshold to be able to swap to Liquid from zaps…and you can see how it might be useful - as Liquid is more federated (15 vs a single custodian), has confidential transactions and you can cold store sats. nostr:note17u9th4zx8vm7s97wnv6agdj3qq5kgjy9ucmmd8qk4uuedza5jt4sdnvpqn

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prochronist 1y ago

More info on the lower sats/vB protocol change: https://community.liquid.net/c/announcements/beta-0-1-to-0-01-sats-vbyte

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