Great thoughts 💭

I think lightning can still be developed and strengthened substantially.

Also with what #[2]​ is helping build with cashu and #[3] with fedi there will be more layers that are pegged to #bitcoin.

So early still and lots of forming, building and scaling ahead 🤙

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Yeah but the problem is much less with the scalability of LN itself but the on- & off ramps TO lightning.

If we assume roughly 5000tx per block we arrive at around 260'000'000 transactions per year.

If we say that each person would make just two off-chain transactions per year (one in, one out of coldstorage) then we could only sustain 130 million people. That fully neglects any other on-chain transaction and transactions needed to run LN (opening, closing, rebalancing).

two on-chain transactions* of course...🤦‍♂️