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Author Topic: The research of BitMEX--Routing Fee Economics of Lightning Network  (Read 132 times)
stanlee2018 (OP)
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March 29, 2019, 02:05:47 AM
 #1

The Lightning Network is getting more and more attention from the Bitcoin Community.  It seems to be a potentially huge market in the next stage.
Recently, one of the big Lightning Node BitMEX gives a reaserch about the Lightning Network routing fee economics.  Here attach the link of this article. Tell me how you think after reading it. We shall discuss about it. Grin
 
https://blog.bitmex.com/the-lightning-network-part-2-routing-fee-economics/
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stylecr
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March 29, 2019, 05:32:25 AM
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The Lightning Network is getting more and more attention from the Bitcoin Community.  It seems to be a potentially huge market in the next stage.
Recently, one of the big Lightning Node BitMEX gives a reaserch about the Lightning Network routing fee economics.  Here attach the link of this article. Tell me how you think after reading it. We shall discuss about it. Grin
 
https://blog.bitmex.com/the-lightning-network-part-2-routing-fee-economics/

I read about it. It is quite reasonable for the relationship between the routing fee and interest of the Lightning Node provider.
Fabienne_ayy
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March 29, 2019, 09:45:23 AM
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The Lightning Network is getting more and more attention from the Bitcoin Community.  It seems to be a potentially huge market in the next stage.
Recently, one of the big Lightning Node BitMEX gives a reaserch about the Lightning Network routing fee economics.  Here attach the link of this article. Tell me how you think after reading it. We shall discuss about it. Grin
 
https://blog.bitmex.com/the-lightning-network-part-2-routing-fee-economics/
if we are forced to guess, based on the architecture and design of the Lightning network, we would say the system is somewhat rigged towards users and low fees, rather than liquidity providers.
coinplus
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March 29, 2019, 02:32:41 PM
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Bitcoin itself is a technology that improved upon the system we previously had, it is only natural that it would improve itself as well, if we were still using the core bitcoin system that was created on day one we would have a lot of problems (double spending for one) and it would have already died and bitcoin would worth zero right now.

The improvements made upon it made the bitcoin system so reliable because not only it was improving the bitcoin system we are using but also it was democratically elected, we do have places that use lightning network right now and we have many places that do not use the advantages of it, eventually people would make their voices heard by just opting to use LN places and the non-LN places will have to go down that route as well to stay relevant.

Bitmex is seeing the advantages of LN and how it could improve their site that's all, it was expected, soon every exchange will have it.
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