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Topic: [2019-07-18] Blockstream Announces New Lightning Network Upgrade (Read 129 times)

legendary
Activity: 1526
Merit: 1179
The momentum around LN peaked before the price pumped to $5000 but it's good to see that the development keeps going despite the interest shift now the market has made people go back to fomo mode.

The liquidity in BTC terms has reduced around 10% but the price increase made sure there is still like $9.5-$10 million available in liquidity, which is good-- a higher price means people need less satoshis to transact with.

The article mentions that the upgrade with make transactions faster and cheaper, which is quite interesting because they are near instant and free already. Generally, the fee I have to pay is either zero or 1-2 satoshis. Cheesy
member
Activity: 137
Merit: 10
Bitcoin developers and engineers are continually making improvements to solve critical issues such as scalability and transaction costs.

https://bitcoinist.com/blockstream-announces-c-lightning-to-upgrade-lightning-network/

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