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RE: New video: What are payments channels? (quick explanation of how the Lightning Network works)

in #bitcoin7 years ago

Nice, i was wondering if alt channels for BTC payments would eventually cripple mining as the block reward are supposed to be replaced by fees. I think their must always be a small fee or no-one will want to mine.

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Good point! I think a fee market will actually prop up around Lightning Node hubs so it'll be interesting to see how that competes with regular Bitcoin mining transaction fees.

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