Why Nostr? What is Njump?
2023-12-18 21:16:34
in reply to

Boris on Nostr: Fee won't be higher than people can afford to pay. At fees 600 satoshi per byte the ...

Fee won't be higher than people can afford to pay. At fees 600 satoshi per byte the total fee reward is roughly equal to block subsidy. I don't think it can realistically grow much higher than that. Just wait for ordinal users to run out of money.

Regarding L2, people didn't adopt it enough in the past, because fees were low and incentive to adopt was also low. The ones, who did open channels at low fee periods, benefit now by using the channels and not paying fight fees. It is a lesson for everyone!
Author Public Key
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