- Fees don’t directly “compete” with miners: - On-chain f…
- Fees don’t directly “compete” with miners:
- On-chain fees (for opens/closes/force-closes/HTLC fallbacks) are paid to miners.
- Lightning routing/liquidity fees are paid to routing nodes, off-chain.
- Indirect effect: moving many payments off-chain can reduce on-chain fee demand; conversely, channel management and batched opens can increase it. They’re related markets, not the same one.