$207 in fees for a reasonably private spend, LN vulnerable to theft and fund locking attacks due to high fees, and the simplest of transactions costing $16 in fees.
Don’t embrace fee spikes caused by poor design and mining centralization.
Find a better tool.
Don’t embrace fee spikes caused by poor design and mining centralization.
Find a better tool.
https://twitter.com/matt_odell/status/1384219621243318276
Fees are only necessary at a very low level for spam prevention — the real reason Bitcoin needs fees to “pump forever” is because the narrative of a hard-cap has made network security 100% reliant on fees long-term.
Tail emission is an elegant solution:
localmonero.co/knowledge/mone…
Tail emission is an elegant solution:
localmonero.co/knowledge/mone…
If you’re currently struggling with Bitcoin’s usability there is an incredible tool waiting for you.
It’s called #Monero, and you can transact for $0.0248 in fees while protecting both your privacy and that of the recipient, with no extra hoops to jump through.
It’s called #Monero, and you can transact for $0.0248 in fees while protecting both your privacy and that of the recipient, with no extra hoops to jump through.
Monero is sound money that is fungible, provably scarce, private by default, and is cheap and easy to use.
The network scales with usage, and L2 networks will fit in quite well in the future as necessary.
The network scales with usage, and L2 networks will fit in quite well in the future as necessary.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
