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Up until late August, Lightning Labs had capped the channel capacity and payment size for users of their popular implementation of the network to ~$2000 USD and ~$500 respectively to better protect user funds with experimental software.
When I see articles talking about LN in USD terms... I just laugh and stop reading anymore the rest of the article. Those OP are still living in the fiat mindset and will NEVER understand what is the role and the goal of Bitcoin.
FUCK'EM'ALL those that are still doing that. FFS over Bitcoin network we transact ONLY satoshis not dollars or any other crap fiat currency !
I knew there was a channel size limit, but I did not know there was a payment size limit. Is that true?
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you don't get it... is about talking in USD and not in sats. There's no limit in opening channels.
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I do get what you are saying.
wumbo limit is 0.167... BTC not usd
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