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Topic: POLL: Have You Ever Used the Lightning Network? - page 3. (Read 791 times)

legendary
Activity: 1526
Merit: 1359
I also have a Blue Wallet. I have transferred some satoshies to it solely for the purposes of LN payment. I've been playing around with it for a while and I've done a few transactions. Everything went very smoothly, however, as Rikafip said, I can't say I have any particular needs for it.
Too bad the Lightning Network has not yet been widely adopted.
legendary
Activity: 1722
Merit: 5937
I have Blue Wallet downloaded for that purposes, fooled around a bit with it, checked few guides but never really bothered to try sending, mainly because I didn't really have any real need to use it.

I do plan to actually try to use it, it is on my bucket list and I honestly feel kinda ashamed that I never really tried to do at least one transaction.
legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
Honestly, I'm not going to lie, I have never used Lightning Network. Not because I against it or I don't understand it. Simply, so far I haven't found any places where I can use it. It's not an easy task to find merchant which accept Lightning Network payments. So far it seems that I only can try it for testing purpose only or on Testnet.
copper member
Activity: 1666
Merit: 1901
Amazon Prime Member #7
1. It requires miners fee which is the fee require for bitcoin transaction confirmation. To open and close a channel, it requires fee.
This is probably the main reason why many people are not interested in testing LN. In terms of USD, the cost to open/close channels is very high.

I think LN has a little bit of a chicken/egg problem. While some merchants accept LN, most cyrpto-accepting merchants do not. With so few merchants accepting LN, there is less incentive to keep a lot of coin locked up in LN channels if they might want to spend their coin on-chain.
legendary
Activity: 2086
Merit: 1321
Bitcoin needs you!
I’ve used the LN at least ten times. I use BlueWallet and it’s really simple to use and never had any problems with it . I don’t understand why LN hasn’t really been mass adopted, but I’ve got a feeling will be having the same conversation in 5 years time  Smiley
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
Not for once have I used the lighting network, I don't know which reason I would give for not using it maybe because I haven't had the pressing need to use it, and for now am quite ok and comfortable with the way I do my transaction, am looking forward from this post and research to seeing how the benefits of lighting network is more than how I do my transactions now then I will ponder on my chances of using lighting network.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
I have not used lightning network, the reasons are:

1. It requires miners fee which is the fee require for bitcoin transaction confirmation. To open and close a channel, it requires fee.
2. I have only little bitcoin
3. No service I have used that demand for lightning network payment
4. I still hear of some vulnerabilities about it which are fixed already
5. People I am sending to are not requesting for lightning network yet
6. Shops around me not supporting it

If lightning has been common and known and more used for transactions and if I have enough bitcoin, I will make use of lightning network.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
I have also not yet used a service or platform where I was required to send Lightning payments.

^This right here is probably like half the problem on why a lot of people refuse to try out Lightning. Where would they use it in the first place if the most used exchanges doesn't accept it yet? Because it's a safe assumption that exchanges(withdrawals/deposits) are where a good chunk of transaction volumes are. I'm betting that we get Lightning adoption once exchanges like Binance starts accepting it.

Personally I have only tried Phoenix[1] wallet because I've heard it has the best UX of all Lightning wallets, and the UX is definitely great. You'd barely feel the difference between LN and base-chain. Only tried it once though, because my VPN and VPS providers doesn't accept Lightning as of yet.

[1] P.S. For the iOS users: https://bitcointalksearch.org/topic/opinions-on-phoenix-wallet-5250677
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
I have used the Lightning Network at least a couple of times so far to transfer small amounts via Telegram and to gamble at LN casino.

And in general it is nice to pay at a lower bitcoin transaction fee as the current fee of a one and two payment is fairly high, if one consider Bitcoin as a cash transfer tool. Another great benefit of the Lightning Network is that it encourages the usage of bitcoin as a fast and cheap payment system, because it is very easy to move money from one place to another with the help of a simple app.
legendary
Activity: 2730
Merit: 7065
It has been over 5 years since the first version of the Lightning Network whitepaper was released. LN is an off-chain scaling solution created for Bitcoin. It allows two users to make a payment channel and transfer bitcoins almost instantly and with minimal fees. If that sounds too complicated, feel free to use custodial wallets (like the Blue Wallet), where you are not required to open your own payment channels.  

This network can be integrated into altcoins as well. Litecoin already uses it. As Andreas Antonopoulos explained in his YouTube video, LN can be used on other blockchains that support multi-signature addresses and time locks.  

I will not go into any more specifics about the network because Rath_ has already written several extensive topics about it.

To learn more about it, I suggest you take a look at:

Basics of the Lightning Network
The Lightning Network FAQ

1.   I would like to know if you have ever used the Lightning Network?
2.   How often do you use it, and how would you rate the experience and difficulty of use?
3.   Which Lightning implementation did you try, and what is your favourite one?
4.   What do you think can be further improved?

Please keep discussions on topic! Let’s talk about user experiences and not whether you are pro or against the Lightning Network.


I have personally never used the Lightning Network. Not because I am avoiding it, but because I am not exchanging money with the same users multiple times that would require me to use it. I have also not yet used a service or platform where I was required to send Lightning payments.
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