[clarkmoody]

Bitcoin Lightning Network solves the routing payment problem via a series of cascading unlocks of value across the route. Nodes can change their fee policy independent of the network, so the bottleneck node could make more money in your scenario. Then those high fees attract additional nodes to provide liquidity along that route, bringing fee competition.

[immibis]

Bitcoin Lightning requires realtime communication with every node in the route. If you can communicate with enough nodes to negotiate passing a message, you could also just send the message.

[beefnugs]

So painful when people recommend bitcoin lightning. Its technically interesting... but complete nonsense to pay like $50 just for one "hop" of the payment chain. It would be an upfront cost of hundreds to get a payment chain you planned on spending fractions of a penny per day/week/month

[immibis]

Hm? As I understood it, you lock up some money, and then secretly agree to reallocate it with the Lightning protocol, and then eventually get it back in the latest allocation. So it costs $50 and then you get $50 back - or $60 or $40.

This is an interesting thing when financial institutions do it between themselves. It's completely useless as a consumer-facing payment system. Consumers aren't going to plan in advance how much money to lock up, that's just stupid.

I assume you're not referring to the transaction fee because last I heard, it's not currently $25.