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Title: ***EDITED*** Post by: blmpnetwork on May 08, 2018, 02:08:03 PM ***EDITED***
Title: Re: The Lightning Network: A solution to Bitcoin’s scalability problem Post by: Orrechorre on May 08, 2018, 02:14:28 PM When you say the lightining network, what are you trying to say or what do you mean because I do not get the point you are trying to state. Please try to state you point because it might be very useful.
Title: Re: The Lightning Network: A solution to Bitcoin’s scalability problem Post by: Dluretic on May 08, 2018, 02:17:16 PM First, the lightning network is now in the stage of deployment.
So the lightning network can effectively solve bitcoin transfer speed, so the throughput of bitcoins will increase. Title: ***EDITED*** Post by: blmpnetwork on May 09, 2018, 09:04:52 AM ***EDITED***
Title: Re: The Lightning Network: A solution to Bitcoin’s scalability problem Post by: kolesozw on May 09, 2018, 09:06:25 AM Do you think this will resolve the issue? It's just kind of solution... I don't like off chain transaction, because in this case I need to trust the LN node. But it's OK for small daily transactions like breakfast and coffee. Title: Re: The Lightning Network: A solution to Bitcoin’s scalability problem Post by: NewBet on May 09, 2018, 11:51:19 AM If there is any chance for bitcoin to become an accepted legal tender in as a currency and as a means of transaction then we need this lightning project to go into full effect. If every time that transactions volume increase we have to start worrying about transaction times being slower and transaction fees being higher then there is no way that we can say that this coin can be used as a form of legal tender because what happens when you have to buy everyday stuff like groceries would you have to wait a couple of hours just to get your payment through? We need that lightening project because it is the solution.
Title: ***EDITED*** Post by: blmpnetwork on May 13, 2018, 09:37:53 AM ***EDITED***
Title: ***Edited*** Post by: blmpnetwork on May 13, 2018, 09:43:27 AM ***Edited***
Title: Re: The Lightning Network: A solution to Bitcoin’s scalability problem Post by: Prachi010203 on May 22, 2018, 09:53:24 AM What do you think about Lightning Network? Here are two article which I read.
Lightning Network - how it will solve the scalability issue of bitcoin (https://cointopper.com/guides/what-is-the-lightning-network-how-will-it-solve-the-scalability-issue-of-bitcoin) Will lightning network solve bitcoin scalability issue (https://www.investing.com/analysis/will-lightning-network-solve-bitcoins-scalability-issues-200282494) Title: Re: The Lightning Network: A solution to Bitcoin’s scalability problem Post by: bitcoinmaniac52 on May 22, 2018, 12:05:57 PM It might be but we don't know how much it will work yet and we do not even know what will happen and if it will even be sustainable. It is true that we need to find a solution to bitcoin scalability problem and I hope to God that the lightening network helps to solve it. We need this problem solved. I am looking forward to the lightening network being put into effect and then we can see what it can do
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