>it is expected that everyone with some spare bitcoins would run lightning nodes to collect fees, so there should be plenty competition.
Thanks for getting back to me in another comment and I find this assertion interesting. As I said earlier, currently there is no incetive for small players to run full nodes so the network tends towards centralisation over time. How do we know the fees involved in Lightening are sufficient that average users can be convinced to act as intermediataries?
Thanks for getting back to me in another comment and I find this assertion interesting. As I said earlier, currently there is no incetive for small players to run full nodes so the network tends towards centralisation over time. How do we know the fees involved in Lightening are sufficient that average users can be convinced to act as intermediataries?