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10 sats \ 4 replies \ @2bithits 30 Jan 2023 \ on: What is the best ratio of BTC on LN to On chain? bitcoin
I'd say in the current market just to keep a few million sats. On chain transactions are super cheap (110sats).
But I might start putting more into lightning over the next year before the halvening. It would be a good idea to prepare a little for another bull run & congested mempool.
According to mempool.space to get into the next block, this is posted at 9:39pm EST btw, you need to pay at least 3 sat/byte. That's about 10 cents or 426 sats
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Yeah, but 1sat/byte are getting through in a fee hours. Depends if you need it sooner OR if an exchange like binance consolidate dumps on the mempool. Then you might need to pay more
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Super cheap? Not compared to 90% of other cryptocurrencies... And if you pay 110 sats, most of the time you'll get into a block maybe in 3-5 blocks..
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Most other cRyPt0 are not money. Don't get fooled by "cheap" fees.
110sats is a few cent for transferring the hardest money ever created. That's AMAZING!
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