Why Nostr? What is Njump?
2023-04-18 15:42:45
in reply to

PulsPay on Nostr: I think there will be multiple ways hyperbitcoinization sets in. 1. Initially not ...

I think there will be multiple ways hyperbitcoinization sets in.
1. Initially not everybody will setup nodes, most people will go for custodial solutions. Tech
savvy people might do that initially. Notechy might go for custodial.
2. People notice custodial solutions are charging huge fees(0.1-0.5%), some more people will move to their own nodes increasing competition and achieving more efficient routers.
3. Also I think hyperbitcoinization will take place in different geographies at different times giving ample time for equilibrium to be established.
4. Rounding to 500k per day, 50M nodes can be setup with enough channels in 100days. Should be more than enough.
Author Public Key
npub1txvwrqgvt8ckhfm4sw9pg38cfkccwk75mqsetme9cjm9h3utgnpqhqg5pg