So are 1 sat/vB channel openings a thing of the past now?
Discussion
For now it seems, but I think the Jpegers will get priced out of transactions eventually. But then again i underestimate the degeneracy in that space so who knows
There appears to be no limit.
Pricing them out would still mean more than 1 sat / vbyte.
No doubt, but their price should get pretty heavy at those weights. I was listening to shinobi explain it the other day so I hope I'm not mistaken
Never forget what they were willing to pay for that shit on ETH.
Yeah I think there was a lot of wash trading going on to set floor prices, and that will probably go on here too, I just don't think it's sustainable in the long run. At least I hope not anyway.. a 1 sat/vbite with a stuffed full block of data was like $20 compared to a few cents of a financial transaction. This will double and double each vbite
I hope so, storage should NEVER have been free in the first place...
Was nice while it lasted.