It’s pretty ridiculous that we’re now sending each other magic internet money instantly and free, as little as 1 sat at a time, on a decentralized purple ostrich messaging protocol turned social media app and people still think Bitcoin is too old and too slow.
Discussion
So is there a max limit on lightning
At the moment, it’s limited to the liquidity in your (or your custodians) channel sizes. This will become greatly enhanced with future updates though…I’m most excited for splicing, which will allow users to splice bitcoin in and out of LN channels on the fly while the channels remain open.
I haven't used lightning before nostr, can't believe how slick it is and instantaneous.
Afaics there's no fee, so if you were moving 25m sats would there be a graduated fee as the amount mounts up
Yup, and that graduated fee will continue to get cheaper and cheaper as the protocol is enhanced and routing nodes get more efficient. We’re still very early and witnessing another one of these technological paradigm shifts.
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The key point IMO is to create right incentives.
If that is done well, everything will grow naturally, and exponentially faster than anything else.
If you add also the network effect, you will understand the potential, and the inevitability of #Nostr first, and Bitcoin then, depending which rabbit hole you will explore first 💜🧡🍀☯️
Most people can't keep up with the dizzying pace of change.