Topic: Mempool congestion and the lighting network (Read 15 times)
Lightning network fee is zero dollar or very cheap and transactions are processed as fast as possible. It is still a good alternative. But if you run your own lightning node and have your own channel, you will first have to fund your channel which requires onchain fee. But if you use wallets like Muun and some others that have their own lightning node and channel, you do not need to open a channel. Lightning network can still be good fire small amount of coins.
Hello guys
Compliment of the season
I want to use this opportunity to thank you guys ones more for the materials you provided for my study, in regards to Bitcoin network, I really appreciate.
However if you observe closely, I've not been around for a while now, I guess I have doing my assignments in study. While making my study, a question flashed through my mind in the topic of lightning network, I know about the lighting network and how it makes faster transaction with reduced transaction fees.
But even with the current mempool congestion, are lightning networks also affected?
I have not been able to get clear understanding to the solution of this question so guys please help me out.
Compliment of the season
I want to use this opportunity to thank you guys ones more for the materials you provided for my study, in regards to Bitcoin network, I really appreciate.
However if you observe closely, I've not been around for a while now, I guess I have doing my assignments in study. While making my study, a question flashed through my mind in the topic of lightning network, I know about the lighting network and how it makes faster transaction with reduced transaction fees.
But even with the current mempool congestion, are lightning networks also affected?
I have not been able to get clear understanding to the solution of this question so guys please help me out.
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