Lightning Network like a solution for bitcoin ?

Xavofat

hero member

Activity: 938

Merit: 559

Did you see that ludicrous display last night?

Quote from: OmegaStarScream on November 12, 2017, 11:58:10 AM

there is definitely a bug from there part.

As of this post, to get a transaction into the next block you would most likely need to send with a fee of 950 satoshi/byte. Therefore, a high-priority small-size (226 byte) legacy transaction (which makes up a very large number of recent transactions), would cost somewhere around $12-14.

Quote from: JumPerz09 on November 12, 2017, 12:01:39 PM

any time frame?

It's hard to put a time frame on it. The last thing you want is a rushed LN wallet release which could end up having serious bugs.

It may also take a long time until the majority of services begin to accept LN transactions after an LN wallet is created.

wonderchaff

full member

Activity: 239

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Quote from: OmegaStarScream on November 12, 2017, 11:58:10 AM

We're getting there when it comes to LN. As for BTC.com then it has nothing to do with the network, I mean I know the fees are a little bit expensive using other wallets but there is definitely a bug from there part. I use them and I faced the same issue while that's not the case when I'm trying to send using Electrum or other wallets (using default fees).

i know i can make custom fees but when you look at btc network and there are 170 000 transaction so it takes a few days to transaction arrive .
And what wallet are you using ?

JumPerz09

newbie

Activity: 50

Merit: 0

Quote from: OmegaStarScream on November 12, 2017, 11:58:10 AM

We're getting there when it comes to LN. As for BTC.com then it has nothing to do with the network, I mean I know the fees are a little bit expensive using other wallets but there is definitely a bug from there part. I use them and I faced the same issue while that's not the case when I'm trying to send using Electrum or other wallets (using default fees).

how long is where getting there?? any time frame? we need it asap because bitcoin is in trouble now

OmegaStarScream

staff

Activity: 3500

Merit: 6152

We're getting there when it comes to LN. As for BTC.com then it has nothing to do with the network, I mean I know the fees are a little bit expensive using other wallets but there is definitely a bug from there part. I use them and I faced the same issue while that's not the case when I'm trying to send using Electrum or other wallets (using default fees).

wonderchaff

full member

Activity: 239

Merit: 103

Hi guys , I wanted to send some btc but when i look at BTC.com and recommended fee is around 0.01 btc/kb and there are around 170 000 unconfirmed transactions so i think i should wait some days to send my btc. But ok 2x is cancelled so what going to be next ? I mean new upgrade for btc network,
at what stage is development of lightning network ? because bitcoin is inapplicable for small transactions and it hampers the growth of bitcoin itself.

Topic: Lightning Network like a solution for bitcoin ? (Read 207 times)