Author

Topic: bitcoin (Read 179 times)

sr. member
Activity: 686
Merit: 282
March 23, 2018, 05:31:01 PM
#9
What is Bitcoin?
Success happens when preparation and opportunity meet together. That was with Bitcoin.

The preparation was the invention of Blockchain technology.

The unfavorable conditions were created by ... financial crisis from the beginning of the 21st century. The economic upheaval was the strongest since the 1930s. This resulted in the loss of trust in financial institutions and currencies.

The answer to the crisis was the invention of the payment unit under the name Bitcoin. How is it different from the usual currency? No government has control over it. Thus, under the influence of populist politics, X banknotes will not be printed. The currency will be generated until 2021. By this time, almost 21 million BTCs will be created and not one more.
full member
Activity: 266
Merit: 106
Floki Robot
March 23, 2018, 05:28:02 PM
#8
Bitcoin doesn't need to add on Lightning Network but it will help the overall stress on the main chain and at the same time allow for private transactions and micro payments. While it isn't necessary it is in the best interest for Bitcoin that Lightning gets added.
full member
Activity: 350
Merit: 112
March 23, 2018, 05:10:27 PM
#7
bitcoin is the first crypto-currency ever created. So the bitcoin system payment need to be updated time over time.
Lightning network will be the next step  Cool Cool Cool
full member
Activity: 434
Merit: 246
March 23, 2018, 05:02:20 PM
#6
In addition to the references above, here's one interesting discussion from this forum:

Lightning network - when exactly is it going to happen?

And another point if I may, I would suggest making your topic title longer, so that it reflects the content of this post, for example: Question About Bitcoin's Lighting Network"", or something along that line...
jr. member
Activity: 392
Merit: 2
March 23, 2018, 04:50:34 PM
#5
Bitcoin: Roll Eyes Roll Eyes Roll Eyes

* Bitcoin is a change payment system and a new  money.
* Worldwide payment system.
* First digital currency.
* Bitcoin is an open source.
* Bitcoin is one of the top cryptocurrency by market cap.
* Bitcoin is my future.
newbie
Activity: 252
Merit: 0
February 26, 2018, 12:18:05 AM
#4
At first when I heard the word Bitcoin, I just snabbed it and I don't mind what is it. But when someone introduce the "Bitcoin", I was encouraged by her and started to love and mind Bitcoin. I just realized that Bitcoin offers a great opportunity to everybody. It is accessible and makes life comfortable.
legendary
Activity: 4466
Merit: 3391
February 21, 2018, 01:39:00 PM
#3
what is lightning network and nodes? keep hearing bitcoin needs to adopt lightning?
http://lmgtfy.com/?q=what+is+lightning+network+and+nodes
legendary
Activity: 2576
Merit: 1655
February 21, 2018, 01:18:48 PM
#2
what is lightning network and nodes? keep hearing bitcoin needs to adopt lightning?

Lightning Network's Whitepaper:

https://lightning.network/lightning-network-paper.pdf

I suggest you read all about it and try to understand the underlying reason why its a good option for bitcoin to adapt. Specially the scaling issue that been the ongoing issue for more than 2 years now.
newbie
Activity: 56
Merit: 0
February 21, 2018, 01:13:42 PM
#1
what is lightning network and nodes? keep hearing bitcoin needs to adopt lightning?
Jump to: