For whom is asking: @bitfinex processed ~6k dep/wd in the last 30 days via LN.
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Few people in the thread below have been mocking the small value generated by #LightningNetwork 
in fees.
- LN serves exactly its purpose: moving BTC fast and cheap
- high fees -> no good for masses
Maybe the problem of these people is that they can't get rich fast using LN.https://twitter.com/paoloardoino/status/1381526727940247569 …
. @bitfinex earned ~120 USD (230k SATs) in the last 30 days via #LightningNetwork fees. pic.twitter.com/N2CKeJ2y6m
fees. pic.twitter.com/N2CKeJ2y6m
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First they laugh at you, then they ignore you, then they fight you, then you win.
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Other exchanges keep $25 for a single withdraw
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Well, it has a security side, too. They don't find much value in the hassle - until SHTF
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Yes and no. I don't earn that much fees from my node (smaller ofc). But it doesn't mean that high fees are bad for the network. It just incentivizes the nodes to start making other connections. If an
@alexbosworth would have lower fees, he is just going to end up as SPOF in LN.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Given than kraken needs a whole team of engineer to integrate lightning, and the return on investment is that bad, it's just worrisome for the viability of the project. Who would want to provide liquidity on the network ?
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Damn that sounds lame. Last time I looked into it it looked terribly complex.
End of conversation
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Incentive structure pushes for low fees on the lightning network. This is good.
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Hey dude. Lightning is only used to send and withdraw from exchanges. What else can be done?
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