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Topic: BITCOIN LIGHTNENING NETwork (Read 160 times)

hero member
Activity: 630
Merit: 500
January 11, 2018, 03:44:56 PM
#7
I think the price of Bitcoin depends greatly on the huge success of LN, I just have a feeling some people don't want it to be a huge success especially the miners, the LN need to be ready for users and be able to hold significant amount of fund to be trusted
member
Activity: 336
Merit: 14
January 11, 2018, 03:39:36 PM
#6
You are absolutely right, i have also heard about lightening network, can you provide more details about it? Who is developing it and when it will be released and we will be able to transfer btc cheaply??

I don't know who is making or when it will be released but the jist is that you will be able to make instant transactions with fees that are next to nothing maybe 1 cent or 2 cent and the goal is to get bitcoin how it was intended to be used. This change will cement bitcoin as true number one and I don't think its long before LN is implemented maybe one year?

really , i am hearing this news first time , really it would be much much beneficial to btc , bcoz it takes so much time and fee for normal txn .
if you have more info in future then plz do share that .
full member
Activity: 266
Merit: 106
Floki Robot
January 11, 2018, 02:49:45 PM
#5
You are absolutely right, i have also heard about lightening network, can you provide more details about it? Who is developing it and when it will be released and we will be able to transfer btc cheaply??

I don't know who is making or when it will be released but the jist is that you will be able to make instant transactions with fees that are next to nothing maybe 1 cent or 2 cent and the goal is to get bitcoin how it was intended to be used. This change will cement bitcoin as true number one and I don't think its long before LN is implemented maybe one year?
full member
Activity: 224
Merit: 100
January 11, 2018, 02:48:20 PM
#4
I remember the Lightning Network was linked to litecoin but if this can be extended to bitcoin this will surely make it a day to day currency and transaction fees will greatly drop altogether but this will reduce miner incentives in the process as a result of reduced fees, all in all we are waiting for the Lightning experience  Cool

yes  cheaper  and  cross chain  transactions

It's  wise to buy the  dip.  Bitcoin is  a  x10  after  lightening


hero member
Activity: 686
Merit: 521
January 11, 2018, 02:11:06 PM
#3
I remember the Lightning Network was linked to litecoin but if this can be extended to bitcoin this will surely make it a day to day currency and transaction fees will greatly drop altogether but this will reduce miner incentives in the process as a result of reduced fees, all in all we are waiting for the Lightning experience  Cool
member
Activity: 1022
Merit: 20
RiveMont
January 11, 2018, 01:52:13 PM
#2
You are absolutely right, i have also heard about lightening network, can you provide more details about it? Who is developing it and when it will be released and we will be able to transfer btc cheaply??
full member
Activity: 224
Merit: 100
January 11, 2018, 01:44:59 PM
#1

Why are  you  selling Bitcoin?

bitcoin  will  make a  x10  when  the  light  network  will be implemented.  Cross  chain transactions and low fees. 

Why are you selling  bitcoin? It's  time  to buy (is  on the  dip) while  it's  cheap



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