Topic: Question for regular casino players. Will you use Lightning if available? - page 9. (Read 3366 times)

Quote from: Maslate on May 05, 2022, 10:02:17 AM

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.

The LN could likely be adopted or integrated into many businesses, especially if the costs skyrocket. But we also won't know when the time will come and we'd better not think about it because we already have our own choices for now. I am not too enthusiastic about LN because, with the current network, I can still receive the fees I paid. So it won't be a problem for me at the moment.

I think the use of lightning network will also make a significant difference by helping many gamblers scale through bthe kyc request that they might encounter during the initiation of payment for withdrawal, i think this will have more of advantage to the casino operators and the gamblers as well as they both stand a chance to benefit from it all, LN should be able to byepass some minor restrictions that could be a concern when making transactions especially on user's winning.

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Quote from: ethereumhunter on May 05, 2022, 09:46:21 AM

Quote from: ethereumhunter on May 05, 2022, 09:46:21 AM

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.

The LN could likely be adopted or integrated into many businesses, especially if the costs skyrocket. But we also won't know when the time will come and we'd better not think about it because we already have our own choices for now. I am not too enthusiastic about LN because, with the current network, I can still receive the fees I paid. So it won't be a problem for me at the moment.

Agree with that, it's very helpful for the industry so people would not anymore worry about the cost. it's fast and cheap, that's all we want as a gambler and for sure casinos will gain plenty of gamblers if they will add LN as their alternative on their payment system. I haven't experience the LN using in a gambling site, but I would love to try it of course, currently, I'm using XRP, it's fast and cheap as well.

XRP and TRX do really make the job done which does have cheap cost in terms of fees and it do really confirms that fast which is really that suitable for gambler needs since we do love seamless transactions and we

dont really like for any delays or something but if we do look and based up on bitcoins in regards to this manner then it do really still remain cheap and okay.

Lets wait for network to be clogged again and this is the time that people will be considering that LN option. Cheesy

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Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.

The LN could likely be adopted or integrated into many businesses, especially if the costs skyrocket. But we also won't know when the time will come and we'd better not think about it because we already have our own choices for now. I am not too enthusiastic about LN because, with the current network, I can still receive the fees I paid. So it won't be a problem for me at the moment.

Agree with that, it's very helpful for the industry so people would not anymore worry about the cost. it's fast and cheap, that's all we want as a gambler and for sure casinos will gain plenty of gamblers if they will add LN as their alternative on their payment system. I haven't experience the LN using in a gambling site, but I would love to try it of course, currently, I'm using XRP, it's fast and cheap as well.

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Quote from: rodskee on April 26, 2022, 11:07:25 PM

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.

The LN could likely be adopted or integrated into many businesses, especially if the costs skyrocket. But we also won't know when the time will come and we'd better not think about it because we already have our own choices for now. I am not too enthusiastic about LN because, with the current network, I can still receive the fees I paid. So it won't be a problem for me at the moment.

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Quote from: South Park on April 26, 2022, 09:56:47 PM

It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

I really believe it is going to become a standard feature in the future, now many casinos may not have adopted yet simply because there is no demand and because they will not get additional money with the high fees some of them charge, however at some moment in the future we will reach a tipping point and any casino not using the lighting network will begin to lose customers as people become more mindful of the fees they are paying.

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Quote from: ethereumhunter on May 04, 2022, 12:57:07 PM

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.

The time has come and it's happening with the exchanges first and there will be the time that it'll be on most casinos.

Yes, it will take time and there's no need for a hasty decision for most of the casinos that have been seeing the demand is quite good if they're going to add LN.

But it's a decision of theirs not to add it as well, it can come in a rush addition or it won't really come to many.

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Quote from: delfastTions on May 04, 2022, 03:12:25 AM

Quote from: Fatunad on May 03, 2022, 03:46:28 PM

People would normally jump in on the time that they are seeing that it has been used by majority or does really have some significant numbers who had been using it then it cant really be denied
that we would really be reconsidering on making use of it.Even myself isnt really that much known or that familiar on how LN transactions been done on which i could say that it is really
that complicated but if there would be some tuts or guides then i might put myself on getting interested on it but not for now yet its not really that been rampant for the community
to make use of it.

LN is definitely needed during periods of heavy load on the bitcoin network.
It sometimes happened before - the commissions increased to such values that it became a pity to lose such money. Although everyone understands that this is just the earnings of miners.
Recently, I have been transferring small amounts in BTC and noticed that normally (within acceptable time intervals and blocks), transactions even with 1 sat/byte, i.e., the commission is approximately 100-200 sat. Or $0.05-0.1.

In such a lull on BTC blockchain, it is quite possible to forget about LN. But in other periods, you still need to be able to use it. And for bitcoin casinos in the first place.

On the other hand, LN will still be a choice and not in an urgent need to be added to the casino because they have already solved this matter with the altcoin. But LN can come as a help to people who want to reduce the transaction fee and get fast confirmations. But still, it depends on the network traffic to confirm the transaction. Yes, not many people know about LN because of the need above but slowly, they will learn it and try to use it in the other business and not in the casino because maybe not many casinos will give this option to them.

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.

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Quote from: delfastTions on May 04, 2022, 03:12:25 AM

Quote from: Fatunad on May 03, 2022, 03:46:28 PM

People would normally jump in on the time that they are seeing that it has been used by majority or does really have some significant numbers who had been using it then it cant really be denied
that we would really be reconsidering on making use of it.Even myself isnt really that much known or that familiar on how LN transactions been done on which i could say that it is really
that complicated but if there would be some tuts or guides then i might put myself on getting interested on it but not for now yet its not really that been rampant for the community
to make use of it.

LN is definitely needed during periods of heavy load on the bitcoin network.
It sometimes happened before - the commissions increased to such values that it became a pity to lose such money. Although everyone understands that this is just the earnings of miners.
Recently, I have been transferring small amounts in BTC and noticed that normally (within acceptable time intervals and blocks), transactions even with 1 sat/byte, i.e., the commission is approximately 100-200 sat. Or $0.05-0.1.

In such a lull on BTC blockchain, it is quite possible to forget about LN. But in other periods, you still need to be able to use it. And for bitcoin casinos in the first place.

On the other hand, LN will still be a choice and not in an urgent need to be added to the casino because they have already solved this matter with the altcoin. But LN can come as a help to people who want to reduce the transaction fee and get fast confirmations. But still, it depends on the network traffic to confirm the transaction. Yes, not many people know about LN because of the need above but slowly, they will learn it and try to use it in the other business and not in the casino because maybe not many casinos will give this option to them.

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Quote from: Fatunad on May 03, 2022, 03:46:28 PM

People would normally jump in on the time that they are seeing that it has been used by majority or does really have some significant numbers who had been using it then it cant really be denied
that we would really be reconsidering on making use of it.Even myself isnt really that much known or that familiar on how LN transactions been done on which i could say that it is really
that complicated but if there would be some tuts or guides then i might put myself on getting interested on it but not for now yet its not really that been rampant for the community
to make use of it.

LN is definitely needed during periods of heavy load on the bitcoin network.
It sometimes happened before - the commissions increased to such values that it became a pity to lose such money. Although everyone understands that this is just the earnings of miners.
Recently, I have been transferring small amounts in BTC and noticed that normally (within acceptable time intervals and blocks), transactions even with 1 sat/byte, i.e., the commission is approximately 100-200 sat. Or $0.05-0.1.

In such a lull on BTC blockchain, it is quite possible to forget about LN. But in other periods, you still need to be able to use it. And for bitcoin casinos in the first place.

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Quote from: Poker Player on May 02, 2022, 10:59:01 PM

Quote from: wildan88 on April 27, 2022, 06:32:52 AM

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN?

That would be my case. I don't use LN, and I don't know the technology in depth either. If we add to that that I prefer to play poker on fiat sites, mainly because of the better traffic but also because of better software and security, it is quite unlikely that I would try it if it were available, although I do not rule out doing it for the novelty, because after all it is a technology that is becoming more advanced and that at some point I will have to try it, either on betting sites or others.

People would normally jump in on the time that they are seeing that it has been used by majority or does really have some significant numbers who had been using it then it cant really be denied
that we would really be reconsidering on making use of it.Even myself isnt really that much known or that familiar on how LN transactions been done on which i could say that it is really
that complicated but if there would be some tuts or guides then i might put myself on getting interested on it but not for now yet its not really that been rampant for the community
to make use of it.

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If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.

Well when it comes to LN I am very open to the great options that are given, not only can they guarantee operations quickly and with little fee, but those who use it have great benefits, those who have little balance in BTC is a good option, most people who have BTC always seek to transfer it to a cheaper currency or stablecoin, this to make this option even cheaper, if the exchanges and bookmakers and casinos managed LN they would attract not only high rollers, but those traders who want to enter the world of gambling, and this population of traders and investors is quite large.

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Quote from: zidanw on May 02, 2022, 03:52:24 AM

I think Binance have currently have LN not quite sure but I think many gambling sites already have LN although here at the forum you can easily undetstand it especially some users already created a topic about it and discuss it in simple ways but people are still unfamilliar with this maybe because it is not yet implemented and majority of the platforms are not yet implementing LN to their websites or systems.

Obviously they will have it because binance was an exchange and not a gambling site but there are a couple of gambling sites that supports lightning networks. Here's one of the thread > https://bitcointalksearch.org/topic/list-of-gambling-site-accept-lightning-network-5255329 that lists all gambling sites which accepts lightning network. The lightning network is not that hard to understand but it can be the same as other networks.

The lightning network is already implemented because if it isn't, you won't see it in binance and on some gambling sites. It's just many people are not aware that it exists. I think that's because it lacks of publication and all the attention only goes to the original bitcoin. Let's just hope that many platforms and people that will support this network.

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Quote from: Hamphser on May 02, 2022, 11:54:08 AM

Quote from: Wind_FURY on May 02, 2022, 07:08:15 AM

Quote from: TimeTeller on May 01, 2022, 05:05:34 PM

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.

Up until now, you can only count the casinos which are deploying the LN.
Maybe, the demand is not that significant for them to integrate this network.
Also, they won't earn from the fees in case they will include this as the fees are very minimal in LN.
Some casinos are already earning from the fees alone. And most users are still preferring the regular btc network.
Since they are used to the native network, some are hesitant to use LN because they feel they don't know how to use it.

It's like a chicken and the egg problem. I believe to boot-strap the Lightning Network, some altruism is required, just like how the Bitcoin network was boot-strapped through altruism. The early miners didn't mine Bitcoin because they thought they would rich, they mined Bitcoin because they wanted to participate in the network.

No one knows the future and that participation of theirs did really paid off specially to those people who do still manage to keep their keys for a very long time or lets say a decade time.

They didn't care, the early miners/node operators simply wanted to participate in something they believed that was a cool project in what it was trying to do.

Quote

Using up LN isnt really that complicated just like on what that guy above telling about that manner. It is really just that people had been having that hindrance due to possible bugs and issues with LN.

Yes, recognition is less but wont be surprised that one day it would really be recognized for such switch of.

It can get complicated for plebs like us, or more non-technical users like me, but the point is about the participation of nodes that "would matter more" for the protocol, like exchanges/merchants/and other Bitcoin services like casinos.

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Quote from: zidanw on May 02, 2022, 03:52:24 AM

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN?

That would be my case. I don't use LN, and I don't know the technology in depth either. If we add to that that I prefer to play poker on fiat sites, mainly because of the better traffic but also because of better software and security, it is quite unlikely that I would try it if it were available, although I do not rule out doing it for the novelty, because after all it is a technology that is becoming more advanced and that at some point I will have to try it, either on betting sites or others.

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I think Binance have currently have LN not quite sure but I think many gambling sites already have LN although here at the forum you can easily undetstand it especially some users already created a topic about it and discuss it in simple ways but people are still unfamilliar with this maybe because it is not yet implemented and majority of the platforms are not yet implementing LN to their websites or systems.

You are the opposite of AmoreJaz LOL(look the quote below). Where have you seen that "many gambling sites already have LN"? You're talking about small games or casinos? If you know casinos offering that, could you name them please, because I'm interested. But AFAIK it doesn't exist yet and the gambling sites you are referring to are more paying games than gambling ones.

Quote from: Wind_FURY on May 02, 2022, 07:08:15 AM

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN? i can't even name one right now. so if these gamblers want to transfer their withdrawals to exchanges, how can they transfer via LN if there is no CEX having LN for BTC? some won't go to the extent of trying to figure out how LN wallet works.

Bitfinex offers LN since a pretty long time now, Kraken is also offering LN now and certainly few other exchanges.

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Quote from: TimeTeller on May 01, 2022, 05:05:34 PM

Quote from: TimeTeller on May 01, 2022, 05:05:34 PM

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.

Up until now, you can only count the casinos which are deploying the LN.
Maybe, the demand is not that significant for them to integrate this network.
Also, they won't earn from the fees in case they will include this as the fees are very minimal in LN.
Some casinos are already earning from the fees alone. And most users are still preferring the regular btc network.
Since they are used to the native network, some are hesitant to use LN because they feel they don't know how to use it.

It's like a chicken and the egg problem. I believe to boot-strap the Lightning Network, some altruism is required, just like how the Bitcoin network was boot-strapped through altruism. The early miners didn't mine Bitcoin because they thought they would rich, they mined Bitcoin because they wanted to participate in the network.

No one knows the future and that participation of theirs did really paid off specially to those people who do still manage to keep their keys for a very long time or lets say a decade time.

Using up LN isnt really that complicated just like on what that guy above telling about that manner.It is really just that people had been having that hindrance due to possible
bugs and issues with LN.

Yes, recognition is less but wont be surprised that one day it would really be recognized for such switch of.

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Quote from: zidanw on May 02, 2022, 03:52:24 AM

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.

Up until now, you can only count the casinos which are deploying the LN.
Maybe, the demand is not that significant for them to integrate this network.
Also, they won't earn from the fees in case they will include this as the fees are very minimal in LN.
Some casinos are already earning from the fees alone. And most users are still preferring the regular btc network.
Since they are used to the native network, some are hesitant to use LN because they feel they don't know how to use it.

It's like a chicken and the egg problem. I believe to boot-strap the Lightning Network, some altruism is required, just like how the Bitcoin network was boot-strapped through altruism. The early miners didn't mine Bitcoin because they thought they would rich, they mined Bitcoin because they wanted to participate in the network.

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I think Binance have currently have LN not quite sure but I think many gambling sites already have LN although here at the forum you can easily undetstand it especially some users already created a topic about it and discuss it in simple ways but people are still unfamilliar with this maybe because it is not yet implemented and majority of the platforms are not yet implementing LN to their websites or systems.

Yes, Binance already has an LN, while Binance also has other networks as a choice for traders. But that's on the exchange and for LN on the exchange, I think it will have a good impact on the exchange because when someone wants to deposit bitcoins, they can choose a network they can be comfortable with. But this is in a casino that has not most of the casinos integrated because they have other coin alternatives that the gambler can choose from.

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Quote from: Desmong on May 01, 2022, 05:20:45 PM

Quote from: Desmong on May 01, 2022, 05:20:45 PM

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.

Do mean lightening network is makes transactions faster? Yes no dispute so why is it that most gambling platforms are not using the so call lightening network. The problem is not about the gambling platform using it but about their customers if they like it or understand how it works. The lightening network looks good but it's need good knowledge of the phases before you can use or else, you might lose your fund. It is not as simple as the normal Bitcoin transaction.

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN? i can't even name one right now. so if these gamblers want to transfer their withdrawals to exchanges, how can they transfer via LN if there is no CEX having LN for BTC? some won't go to the extent of trying to figure out how LN wallet works.

I think Binance have currently have LN not quite sure but I think many gambling sites already have LN although here at the forum you can easily undetstand it especially some users already created a topic about it and discuss it in simple ways but people are still unfamilliar with this maybe because it is not yet implemented and majority of the platforms are not yet implementing LN to their websites or systems.

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