Re:Lightning Network Skepticism
by josephpoon on Friday December 25, 2015 @03:38PM
(#10792290)
It's already infeasible to directly make a single spend of $0.0001 on the blockchain itself (transaction fees are $0.02-$0.05).
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What is the use case of spending $0.0001?
Downloading a webpage, for example. Sending an email, giving someone an upvote, making use of a caching service.
Basically any sort of payment you would want to do at the machine level. If I'm uploading a file to you, I would want you to pay per MB because I'm not sure if you're going to leave after you have 50% of the file.