3 upvotes, 1 direct replies (showing 1)
View submission: ⚡ Lightning Network Megathread ⚡
A normal transaction on the main chain
Comment by [deleted] at 12/01/2018 at 19:11 UTC
-4 upvotes, 1 direct replies
Well, if people are doing billions of transactions off chain maybe the mining rewards on the chain won't be large enough for the miners.
Meaning that the costs onchain will be larger than what most people can handle.
Meaning that you would need to use a 3rd party to keep your coins, while the third party will pay the transaction costs of opening/closing channels.
Or if you arrived too late, you can't even get on the 2nd layer.