It means that Lightning and other solutions to the small block size have been effective at keeping on-chain demand reasonable, sure. Zapping would never be a thing if we had to do it on-chain, for instance.
Re: mempools cleared
it's my understanding this is positive as this means that even at this network size, the smaller block size is working in that all transactions are making their way into blocks.
Do I have that right? #asknostr #askbitcoin nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
Discussion
yay for effectiveness!