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From: Erik Aronesty <erik@q32.com>
Date: Mon, 24 May 2021 17:55:14 -0400
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To: Billy Tetrud <billy.tetrud@gmail.com>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
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Subject: Re: [bitcoin-dev] Reducing block reward via soft fork
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> > I don't think 99% of transactions need that level of security
> Well you can't get security for the 1% of transactions that need it with=
out giving that security to all transactions on the chain. Also, the blockc=
hain security created by miners isn't really a per transaction thing anyway=
. An attack would affect all bitcoins regardless of what transactions they =
do or do not take part in.
yes, and this is what lightning is for. to secure the 99% of
transactions that *don't* need billions of dollars and years in lead
time of security.
at current prices, and even with the current known issues, lightning
is perfectly acceptable for small transactions.
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