Lightning is as much about speed as it is cost. Even at 0.5 sats v/byte the speed is what is important.
Plus the more small transactions you have on chain the more expensive it gets.
Lightning is as much about speed as it is cost. Even at 0.5 sats v/byte the speed is what is important.
Plus the more small transactions you have on chain the more expensive it gets.
What % of transactions really need to be instant AND have a trust model that is incompatible with the recepient accepting 0conf transactions?
There is definitely a use case for LN, not doubting it.
Well, you said "We don't even need lighting" which the kind of the opposite of "There is definitely a use case for LN"
Any kind of retail that needs to move people through a line need an instant tranfer of some sort, even if it's not lighting specifically. If you want btc to be a currency, and not just a store of value, you need something that can do that. With 0conf you might as well be accepting a check, you'll just know quicker you got robbed.
And if you're coffee shop doing a 1000 transactions a day the utx0s are gonna be absolutely ridiculous.
That was bait