penglunds on Nostr: In the future, when Bitcoin layer 1 fees become too expensive for the average person ...
In the future, when Bitcoin layer 1 fees become too expensive for the average person and are only financially justifiable for large companies and banks, am I correct in my understanding that newcomers will still be able to open a wallet and receive and transfer funds directly on the Lightning Network (layer 2) without ever needing to settle or fund a layer 1 wallet?
That’s how it scales without necessarily involving counterparty risk, right?
#Bitcoin #LightningNetwork #BTC #Scaling #BitcoinScaling #Layer2
Published at
2024-08-20 13:36:34Event JSON
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