in

Bitcoin : Is it true that BTCLN is cheaper vs. on-chain BCH?

Bitcoin : Is it true that BTCLN is cheaper vs. on-chain BCH?



I have been told that:

* A typical lightning payment costs up to 7 satoshis in btc. That’s $0.00045 USD.
* A typical bch payment costs up to 262 satoshis in bch. That’s $0.0013 USD.
* A lightning btc payment is over 3 times cheaper

This is based on data from block [546423](https://blockchair.com/bitcoin-cash/block/546423) , where the average fee per payment in that block are ~262 satoshis , as in estimated by dividing the fee total, 0.25493437 bch, by the number of transactions, 97,318, equal ~.00000262 bch per transaction.

​

I think this is important so please don’t down-vote me because this info needs to go out to the entire crypto community.

​

If that’s true what is BCH doing to compete with BTC LN?

​

EDIT: I am getting down-voted to the ground… I thought there is no censorship going on here on /r/btc …

​

EDIT2: I was at 6 up-votes and now down to 1 after almost 30 comments? If you don’t want to make this discussion visible and you are down-voting it means that you are trying to hide the truth about the two scaling solutions and you can’t do this forever… Sooner or later the best scaling solution will win…

​

EDIT3: Not down-voted anymore so I guess I can say whatever I want to say but the problem is no one wants to listen… Feels like a base layer and second layer solution is better if done correctly and if people don’t put too much money on the second layer other than spare change but no one wants to listen to me…

​

EDIT4: People should stop focusing on fighting other people and focus on real number and use-cases… I feel there are more an more people not seeing the big picture and posting mindless one line comments…




View the link

Bitcoin



Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.

Author: Sherlockcoin

Score: 112

Don’t forget to share the post if you love it !

Ripple : Help Selling XRP Canada

Bitcoin : Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers