Bitcoin Forum

Hodl Hodl Enables Mainnet Trading via Lightning Network
"Hodl Hodl, a decentralized peer-to-peer crypto exchange, is allowing users to buy, sell and receive bitcoin directly from their Lightning wallets."


Full article - https://bitcoinmagazine.com/articles/hodl-hodl-enables-mainnet-trading-via-lightning-network/
Lightning network explained - https://www.youtube.com/watch?v=rrr_zPmEiME

Kabayan, need your opinion.... Yung Lightning network naba ang solusyon para sa mass adoption ng bitcoin?

Possible. Pwede natin idagdag yan sa isang mga dahilan for mass adoption ng Bitcoin dahil nakakatulong yan sa Bitcoin network mismo, since ang Lightning network ay nakakatulong para ma lessen ang stress ni Bitcoin network, especially mas mapapababa nito ang transaction fees sa Bitcoin network dahil may Lightning network na.

Additional:
Habang tumatagal dumadami na ang lightning node which is another positive news sa mass adoption ng Bitcoin  ;)
https://i.boring.host/17GXGMMs.png
 (https://1ml.com/statistics)

Solving scalability is one step para sa mass adoption. Mukhang teknikal ito para sa mga karamiwang tao at alam naman natin na marami ang tamad mag-aral ng bagong pamamaraan.

What I understand based on the video I saw, this is an off chain transaction, so no confirmation needed and the fee will definitely be lowered.
I will study how the lightning nodes will work, thanks for that information.


This is technical but if there is a guide, things will be easier.

I just saw this LN thread sa Meta, baka pwedeng ilagay as a footnote sa OP Lightning Network board (https://bitcointalk.org/index.php?topic=5151200.msg51363546#msg51363546)

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I'm pretty sure na marami maglalabas ng gabay and madali o mabilis lang siguro natin na masundan ito bilang mga enthusiasts But not for those new to crypto.

Mababa lang ang pwedeng i-transact sa lightning network pero working naman siya. Meron pang ibang exchange dyan tulad ng zigzag[1].

[1] (zigzag.io)

My expectations always ends with nothing.
I really thought there is something interesting in here about Lightning Network, and some other facts that the OP has created for us to understand what it is.

I hope you can consider my suggestion. Thanks.

Looking at the process kung paano ito gumagana, parang walang pinagiba sa third party application sa pagbabayad maliban lang dun sa fees na kinukuha ng third party.  Saka parang mas kumplikado ito kesa sa mga ginagamit natin ngayon.  Isipin mo kung wala kang makitang connection ng pagbabayaran mo need mo ulit magopen ng panibagong channel para dun sa tao at need mo nanaman magdeposit ng fund for that channel.  It does not make Bitcoin a user friendly at all kaya siguro hindi ganoon kabilis ang acceptance ng mga establishment dito.

Sa pagkakaalam ko dapat kayong dalawa mismo nagkaka intindihan bago kayo mag open ng channel ng isa't isa para magkakitaan kayo at di masayang ang funds nyo.

Ang Electrum ngayon ay nagsisimula na rin na i adopt ang LN. Heto ang link, mismong developer ang speaker dito si ThomasV https://www.youtube.com/watch?v=7D83IpdiF-U

Important ang Lightning Network dahil nagpapabilis to ng transaction ng .

I don't think that Lightning Network could be the solution for bitcoin to have a mass adoption. Although it could help one of the reasons kung bakit ayaw ng mga tao maginvest sa bitcoin. Because of the transaction is taking like forever especially kapag mababa yung fee. Probably additional lang to sa solution pero di ito yung pinakasolution. Unang unang problem is volatility kaya maraming ayaw pumasok ng bitcoin.