rn-ldk VS mempool

I'm curious about what made you reach that understanding. My guess is that you either tried or heard from someone who tried to open channels with Bitrefill or another LN giant. You shouldn't do that. Big channel operators don't want to dilute their liquidity with unreliable small channels. You should instead connect to a smaller channel that is connected to that big node. LN is all about routing.

Also in the thread's context we are talking about Visa and Mastercard banning merchants right? In a scenario where the LN is widely adopted that merchant can setup and run https://btcpayserver.org and maintain his own independent LN or on chain payment process system.

As for users, there has been work to facilitate nodeless operation on software wallets. Probably based on https://github.com/lightninglabs/neutrino. I know Blue Wallet is building something based on Rust's lightweight LN node so people can establish channels from their personal wallets https://github.com/BlueWallet/rn-ldk.

LN development is really fast paced. I recommend people try to at least learn about the latest advances before making critics like "I've checked months ago and it was terrible".

The submission is a page from r/Buttcoin, a Bitcoin-hater subreddit, with a random screenshot making the $188 for $4.09 complaint.

For those who don't know, Bitcoin on-chain transactions fees are not proportional to the amount sent, and it is common knowledge that $5 on-chain transactions are not practical. There are other solutions for sending smaller amounts.

Fees are currently spiking, but according to mempool.space (as I post this) an average on-chain transaction with ~$10.50 in fees will be confirmed within 30 minutes. See: https://mempool.space for details.

So this is not a very accurate, informative or helpful submission.

That's about 50$? I don't blame them https://mempool.space/

get some theory of mind. you are a person who is willing to pay onchain fees to use your trezor or open a channel. there are people in the world who are not willing to pay these fees and they probably outnumber you. and the plan has been spelled out in plain english a million times. the fees are supposed to go up by design. this means that most people will not self-custody, whether it is legal or not, and even if they would like to.

I’m not an expert so someone smarter than me can clarify, but the high/priority rate is the going rate (estimate) to get confirmed on the next block. Medium is the average rate for those transactions to be confirmed next. You can see current and historical rates at mempool.space.

The current fee to get into next block is about 40 sats/vB.

Check mempool.space for a better idea of how big a fee you need to offer to get into the next block.

The mempool is a bit crowed now. A few weeks ago it was only around 5 - 10 cents, and now it is between 3 and 13 dollars. (yesterday even 25 dollar) If you have a lot of UTXO's it can be very expensive to consolidate them all. In that case I would wait till the mempool is less crowed for lower transaction fees. it is important to understand that whirlpool or wasabi wallet will take many UTXO's (transaction fees) to mix your coins and maybe in the future exchanges don't want to touch your mixed coins. I mixed all my KYC coins as I'm not planning to exchange my bitcoin for fiat via a exchange in the future.