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100 sats \ 1 reply \ @petertodd 29 Dec 2023 \ parent \ on: Unidirectional blackholes make no sense on LN bitcoin
If your channels are draining that fast you probably have low fees. If you have higher fees, you'll get more transactions of lower value.
A unidirectional channel can handle essentially any number of transactions, down to whatever is the capacity / the minimum transaction value (usually 1 sat). How many happen in practice depends on fees.
That makes sense but it's usually a static number like 10 or 100, especially if it's a small channel. What I'm saying is that these are not sustainable if we have to close them.
LN seems like economically requires people who hold a large number of BTC to make big enough channels that can counteract the price of expensive on-chain TXs. If Bitcoin's future is only full of people with small amounts of BTC and all on-chain TXs are extremely expensive, I don't see how everyone can participate economically.
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