Yesterday, I deposited some shitcoin to an exchange, and I was reminded how long it takes to get a few confirmations. Most of the time I'm not waiting for a result from a transaction, but when I do, an hour is just annoying.
Despite a few hiccups, I have high hopes for LN, and so far this topic has introduced a few people to testing it
Yeah, It’ll really depends now from the sender on how it will takes.
At first I actually have in my mind on how LN works because its a little bit the same to coins.ph who mostly filipinos use bitcoin wallet. But it only works to coins.ph user to coins.ph user transact without broadcasting their transaction on blockchain, instant, and no transaction fee at all.
More likely the same on how LN works based from my understanding.
(Loyce channel —> sent 10,000 sats —> Asu channel)
- Small Fee
- Instant
- Without broadcasting their transaction on blockchain.
Am I right? or I’ve missing something that I don’t know on LN
Anyways, I’m ready to pay my Little Lightning Loan Loyce