Topic: Buying coffee with bitcoin... - page 2. (Read 244 times)
This is the first time I'm seeing the famous lightning network in action. I can't wait for it to be deployed soon, it's going to address a lot of the problems that we have right now with bitcoin. With its implementation, we may finally see scenarios like McDonalds accepting bitcoin becoming a reality and not a fantasy.
The transaction is really instantaneous despite low fee?
what you see in the video is ACTUALLY happening! it is not simulation or anything like that.
here is another one: https://www.coindesk.com/payment-provider-bitrefill-runs-successful-lightning-transaction-test/
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Mainnet Lightning Network paying my actual phone bill with actual Mainnet funds on @bitrefill. Speed: Instant. Fee: Zero. Future: Almost Here.
The transaction is really instantaneous despite low fee?
Enjoy...
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In this video Laolu (co-founder of Lightning Labs) demonstrates a multi-hop payment on Bitcoin's mainnet which travels across the 3 major Lightning implementations. In the demo Laolu (a.k.a roasbeef) sends a payment from our Lightning desktop app (https://github.com/lightninglabs/lightning-app) to Starblocks, a coffee payment demo. This payment marks the first multi-hop, cross-implementation payment on Bitcoin's mainnet. All transaction performed in the video were performed completely off-chain, instantly, and with virtually zero fees. Lightning allows instant, low-fee payments on Bitcoin, enabling the system to scale further for the next wave of adoption. Additionally, Lightning unlocks a new class of use cases for Bitcoin enabled by the ability to instantly send low-fee payments on the system.
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