What is Nostr?
Pre
npub1pkh…ln8r
2024-02-22 20:11:40
in reply to nevent1q…yyfc

Pre on Nostr: Oh, I meant to say. Current fees are about 1.50 GBP to open a channel, about 80p for ...

Oh, I meant to say.

Current fees are about 1.50 GBP to open a channel, about 80p for a payment transaction to buy the book.

On-chain fees are the tricky part about Lightning. A couple of quid to close a channel isn't so bad but if price goes up and blockchain-congestion goes up. Say 20x between the two factors?

Fifty quid to open and close a channel?

Better hope there's more than 50 quid in it.
Author Public Key
npub1pkhzm90462y3cfat45m25nmz6p9ku0lw0ak4fqjttpy8qvfhrymqjlln8r