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Topic: Poll: Will you use LN? - page 2. (Read 1146 times)

legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
July 20, 2017, 05:54:20 PM
#9
I will simply use whatever works best for me. If on-chain transactions are still affordable, I'll use on-chain transactions. If LN works as planned and is more convenient and cheaper to use, I'll go for that. If on-chain transactions become too expensive and LN fails to deliver, I'll just use PayPal and hoard my coins Tongue
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
July 20, 2017, 04:53:54 PM
#8
It's limited to 0.042 BTC per transaction. Because I'm so goddamn high rolling I never spend that little.
I seldom spend that amount either, but the LN will open reasons for all sorts of people to use Bitcoin.

If a newbie wants to claim from a faucet (Yay! "Free money"!) then they can do so and it could actually make sense to do so.  Once they find out what BTC actually is because of this, they can start using onchain transactions later.

If there's a neighbourhood hipster who loves anything that seems slightly alternative, they'll start using LN transactions to pay for their coffee every day by opening up a channel with their coffee shop.  I'm sure there'll be a fair number of places in big cities that start doing this to attract the "definition of gentrification" types.

As for whether I would personally use LN, I'd prefer to use onchain transactions when I can.  But the LN is exactly what's needed for "coffee" transactions.  If you need full BTC-blockchain-style security (you're spending relevant amounts), you go onchain.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
July 20, 2017, 04:48:05 PM
#7
It's limited to 0.042 BTC per transaction. Because I'm so goddamn high rolling I never spend that little.

There should be some interesting new use cases. Maybe I'll find something then.
member
Activity: 70
Merit: 10
July 20, 2017, 04:42:06 PM
#6
I'd want to see what LN does before expressing an opinion. But it's an interesting concept, worth investigating IMO
sr. member
Activity: 420
Merit: 251
July 20, 2017, 04:06:05 PM
#5
We are getting Segwit for sure, but that doesn't mean we'll get the Lightning Network.
Miners will not implement it as it will reduce onchain transactions and so they will earn less money from fees.

But if we did get it, I wouldn't use it. From my limited understanding, I feel as though it's not trustworthy.
hero member
Activity: 700
Merit: 500
July 20, 2017, 04:02:16 PM
#4
Will you use Segwit? If no are you implying you will only do onchain transactions? Will you sell all of your BTC and leave? Will to convert to altcoins and never come back?

What will you do?
SegWit is on-chain. Do you mean LN?
Sorry i do mean that. Oops
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
July 20, 2017, 04:01:29 PM
#3
Will you use Segwit? If no are you implying you will only do onchain transactions? Will you sell all of your BTC and leave? Will to convert to altcoins and never come back?

What will you do?
SegWit is on-chain. Do you mean LN?
member
Activity: 112
Merit: 10
July 20, 2017, 04:00:34 PM
#2
Segwit is already on chain and it is not a chain split, I think you misunderstood the concept.
hero member
Activity: 700
Merit: 500
July 20, 2017, 03:58:49 PM
#1
Will you use LN?

If no are you implying you will only do onchain(main BTC chain) transactions?

Will you sell all of your BTC and leave?

Will to convert to altcoins and never come back?

Are you unsure?


What will you do?

Smiley
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