Can you explain more…

Reply to this note

Please Login to reply.

Discussion

It basically will allow you to splice liquidity in and out of channels on the fly without having to close them. https://youtu.be/WxNlQflXhKo

Tasty!

sounds like another excuse to keep on-chain stuff off-chain, meaning lower fees for me (i mine a lot)

More importantly, is it going to help scale bitcoin?

It’s going to help make LN more efficient so yes!

I agree. Scaling is most important. Fees will work themselves out if adoption increases.

If bitcoin goes to $10M, the current ~.15 fee subsidy per block is significantly higher than the current 6.25 reward + .15 fee subsidy at $25k.

$1.5M vs $160k.

Yup, you get it.