Chain fees could increase with more time-lock renewals, Alex Bosworth warns

Chain fees could increase with more time-lock renewals, Alex Bosworth warns
Chain fees to rise on mass onboarding

Alex Bosworth, head of infrastructure at Lightning Labs, discusses the risk of rising chain fees in systems using trust-minimal shared UTXOs.

Bosworth points out that while onboarding can be free for new users, they may eventually face a decision between taking custody of their assets or paying a renewal fee. As user adoption grows, the volume of recurring time-lock renewal outputs could further drive up on-chain transaction costs.

Bosworth has previously highlighted that shared UTXOs could drive Bitcoin Lightning Network volume toward $1 trillion within the next decade, according to an earlier statement. He has also said that maintaining Bitcoin price floors is important for the asset’s endurance, as noted in a separate commentary. These remarks come as network infrastructure faces cost pressures linked to increased user adoption.

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