Alex Bosworth seeks to double income with LN transfers

Alex Bosworth seeks to double income with LN transfers
@alexbosworth: LN income boost strategy

Alex Bosworth sees significant potential in reducing fees on small global money transfers using the Lightning Network (LN). He acknowledges that while fee reductions contribute to increasing the total value of transfers, they do not multiply the size of the proverbial pie.

Bosworth is exploring ways to effectively double people's incomes, which he views as the greater challenge and opportunity within the realm of LN development.

Bosworth’s current exploration of Lightning Network efficiencies is consistent with his previous examination of the challenges posed by a 10x increase in chain fee rate policies, which highlighted the implications for transfer costs and predictability. His ongoing commitment to innovation also builds upon his earlier scrutiny of the rationale behind Bitcoin protocol changes, underscoring his broader focus on sustainable improvements within the cryptocurrency ecosystem.

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