I opened a channel with zapread node and I sent funds to my Cobo wallet.
To open channel I paid 1000 satoshis for a total of 0.01419 in the channel
I sent my bitcoins divided in groups.
100k sat fee 251
1m sat fee 2502
200k sat fee 501
90k sat fee 226
So to send 0.0139 btc I had to paid 0.00003480 that is $0.28536 fee at a price of $8200.
AND THIS IS SUPPOSED TO CHANGE THE WORLD, DEFINITELY BITCOIN CASH IS THE WAY TO GO.
Some will denied this but Bitcoin BTC doesn't work as a currency and it won't be a store of value wIth this fees.
With XRP I could have paid $0.01 for sendind the same amount of money.
Same with Bitcoin Cash or Litecoin.
The block size limit will only hurt Bitcoin the truth is here, want to send money using bitcoin you will paid higher fees it doesn't matter if it is on chain or in Lightning Network.
IF FEES ON CHAIN GET TO $5 YOU CAN BET YOUR ASS LN NODES WILL CHARGE YOU MORE.
LIGHTING NODES CHARGED ME $0.25 WHEN AT CURRENT PRICE I COULD HAD SENT ON-CHAIN FOR LESS THAN $0.025,
SO GET THIS LIGHTNING NETWORK IS A TOTAL RIP OFF, I HOPE BITCOIN BTC DIES, BECAUSE CURRENT COMMUNITY ARE JUST FINE WITH THIS EXTORTION FEES FROM MINERS AND NOW LIGHTNING NETWORK NODES.
THE FEE MARKET IS WHAT WILL KILL BITCOIN.
IF Bitcoin onchain fees hit $50 again, you can bet LN nodes will raise the fees for routing in LN as well.
At that point what will be the purpose of LN, when Blockstream and their supporters told us that LN was going to bring cheap, fast tx.
Blockstream will just say that liquidity is just another assets and that they will create another market fee just like they are doing with current onchain tx.
Meanwhile fees will skyrocket to all time high, while other coins charge you less.
If people don't use this stuff as a currency than Bitcoin white paper is just dead.