Lightning Network is the Future of Bitcoin

wxa7115

hero member

Activity: 2702

Merit: 704

Quote from: mindrust on March 22, 2018, 12:08:09 PM

Quote from: kingonly on March 22, 2018, 12:01:15 PM

Peter Thiel says that bitcoin is like bars of gold and that it is too cumbersome to be used as a payment system. Lightning Network is hopefully going to prove him wrong:
https://medium.com/@kingonly/the-future-of-bitcoin-3187aefe2746

I read today that IOTA, stellar, ethereum and Neo are also working on their own Lightning Network.

https://blog.iota.org/instant-feeless-flash-channels-88572d9a4385
https://raiden.network/
https://www.stellar.org/blog/lightning-on-stellar-roadmap/
https://steemit.com/cryptocurrency/@pandorasbox/trinity-lightning-network-for-the-neo-blockchain

The Lightning Network is a bigger invention than many people think yet many noobs still call bitcoin an outdated tech. Don't fall for this FUD.

Bitcoin with this much Dev activity is and will always be the king.

This is one of the big problems with newbies they think that satoshi just created bitcoin and never updated the technology, bitcoin is updated regularly by the developers and they are making bitcoin better and one of the ways they found to do that was with the lighting network and once it's fully operational we are going to be able to send micropayments again for a very low transaction fee.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: kingonly on March 22, 2018, 12:01:15 PM

Peter Thiel says that bitcoin is like bars of gold and that it is too cumbersome to be used as a payment system. Lightning Network is hopefully going to prove him wrong:
https://medium.com/@kingonly/the-future-of-bitcoin-3187aefe2746

I read today that IOTA, stellar, ethereum and Neo are also working on their own Lightning Network.

https://blog.iota.org/instant-feeless-flash-channels-88572d9a4385
https://raiden.network/
https://www.stellar.org/blog/lightning-on-stellar-roadmap/
https://steemit.com/cryptocurrency/@pandorasbox/trinity-lightning-network-for-the-neo-blockchain

The Lightning Network is a bigger invention than many people think yet many noobs still call bitcoin an outdated tech. Don't fall for this FUD.

Bitcoin with this much Dev activity is and will always be the king.

kingonly

newbie

Activity: 5

Merit: 0

Peter Thiel says that bitcoin is like bars of gold and that it is too cumbersome to be used as a payment system. Lightning Network is hopefully going to prove him wrong:
https://medium.com/@kingonly/the-future-of-bitcoin-3187aefe2746

Topic: Lightning Network is the Future of Bitcoin (Read 111 times)