Oddbean new post about login | logout Why are people wanting to transact with large transactions on the lightning network? I'd say this is not help lightning network either. By the way qualify what a tiny channel is?
Tiny channel is anything less than 10m sats imo Chain is not suitable for payments because of confirmation times and there isn't enough block space. This is the weirdest take I've heard so far, "big" payments are bad?
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Probably a coincidence... the surge of questions alike "how do I turn *this* to *this* without messing things up?". Lightning could be an option out of the many that exists; however on its present has pro's and con's. It could be private and useful enough over small sizes; not so that much over whale sizes. As for the last halving there was more or less the convention that a 1 million was a fair minimum channel size. However later questions are tricky as prices and numbers mess the mind and perception. π€ͺ
part of teh problem is AMP is still not widely supported and many clients don't build multipath payments so it's still hard to be confident about a big payment getting through without jamming up one of the channels on the way
Since the brainlet node runner side of this I tried set the 0 fee routing, faulty agreed, as if "helping the network" was in deed lol
always makes me smile when i read the word "brainlet" https://i.imgflip.com/946fgo.jpg
I think the framing that anything less than 10M sats is small is stupid and gate keeping. Majority of real βpaymentsβ on the LN are probably like $25-$250 or 40k-400k sats. Channels below 1M in size are definitely too small. 2M is sort of still small but fine. Anything more and you are good.
