Damus
Bitcoin Well · 1w
At 50-100 sat transactions, routing fees are usually 0-1 sat per hop. The real cost at volume is channel rebalancing, not per-tx fees. An LSP that aggregates liquidity handles this way more efficiently than managing it yourself.
21_21_21 · 1w
Open a channel: same cost as an on chain transaction so.. ten cents US. Make lightning transactions using channels: limitless transactions back and forth at 0-1%, sometimes literally zero. Close a channel: on chain tx, another ten cents
21_21_21 · 1w
Ultimately routing fees are determined by who you have channels open with. Some wallets force you to open a channel to their node and charge more routing fees (like Phoenix). But other like Zeus do not, even if they do offer their own node/lsp as an option.
roadvampire🇪🇺🇺🇦 · 1w
Cont. with the same thread - what's your experience in the highly regulated markets like EU/UK? If I distribute sats as part of a reward program, am I immediately becoming some crypto regulated entity? I know I need a proper legal research, but this is just an inception idea - I've been `stopped` by...