Author: Erik Aronesty 2022-07-07 14:05:25
Published on: 2022-07-07T14:05:25+00:00
The discussion revolves around periodically making necessary software changes to adjust the target investment in security as the value of higher utility transactions goes up quickly. Lightning channel open and close transactions are more valuable than simple money transfers, which can encourage fees. Other networks have already proven the extreme potential of high fees in response to increased utility levels. Planning to gradually increase the utility of on-chain transactions in response to reward reductions should be sufficient to maintain adequate security.
Updated on: 2023-06-15T21:28:27.997631+00:00