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110 sats \ 2 replies \ @notgeld 13 Aug 2022 \ on: Will the Lightning Network reduce Bitcoin's security budget (transaction fees)? bitcoin
So far, it grows. Year ago Typerbole estimated LN fees as 0.1% of total fees paid.
Just for the reference, in the end of 2017 it was 0%. LN payments will always inducing some onchain activity because economic actors will need to buy and sell liquidity in LN.
Good point, good link!
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Would be nice to see a follow up to this. unfortunately Typerbole recycleed his nym and isn't active anymore on that account
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