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Title: Bitcoin and Lightning are on the Same Way Post by: bnntalk on September 27, 2021, 09:00:06 AM Title: Re: Bitcoin and Lightning are on the Same Way Post by: KingsDen on September 27, 2021, 10:35:11 AM The image you displayed showed that public Lightening Network chat is upto 2900BTC. The image was so tiny to read the right up. Can you provide a link to read and get the full information you intended to pass.
Are you suggesting that LN is been adopted as high as bitcoin is adopted? Or you meant that Lightening Network adoption is upto 2900BTC. You can edit the thread and include a lil write up in order to define the purpose of the topic. Thanks Title: Re: Bitcoin and Lightning are on the Same Way Post by: bitmover on September 27, 2021, 10:39:59 AM I am quoting so other can see. It is good to see lightning network growing exponentially. Bitcoin network fees are incredibly low for months now, and anyone can make a transaction with 1-5 Sat/vbyte and get a confirmation , while ethereum is struggling with 30-100 usd fees to use an erc20 token or a swap. Lightning network still lacks more compatible and easy to use wallets. When that happen we will see another huge growth. Title: Re: Bitcoin and Lightning are on the Same Way Post by: bnntalk on September 27, 2021, 01:03:24 PM Quote I am quoting so other can see. It is good to see lightning network growing exponentially. Bitcoin network fees are incredibly low for months now, and anyone can make a transaction with 1-5 Sat/vbyte and get a confirmation , while ethereum is struggling with 30-100 usd fees to use an erc20 token or a swap. Lightning network still lacks more compatible and easy to use wallets. When that happen we will see another huge growth. Thanks for the same because people can easy to understand the graph. Title: Re: Bitcoin and Lightning are on the Same Way Post by: ilovealtcoins on September 27, 2021, 02:47:44 PM Also we have Bitcoin RSK network with very low cost. If we could leverage this to increase transactions along with the traditional Bitcoin network and lightning that would be great. I haven't had a chance to use Bitcoin lightning yet but I'm pretty sure it's convenient compared to regular Bitcoin transactions with the traditional network.
Title: Re: Bitcoin and Lightning are on the Same Way Post by: RapTarX on September 27, 2021, 03:15:36 PM It's not surprising, IMO. A lot of people are getting into the bitcoin these days. Certainly few of them are also in LN. Some services are introducing this to their customers. Besides, LN is supposed to be adopted in a large scale in the coming years. In my opinion, the growth rate should be far higher by now.
Also we have Bitcoin RSK network with very low cost. What's that? Until now, I haven’t heard this IIRC.Quote I haven't had a chance to use Bitcoin lightning yet but I'm pretty sure it's convenient compared to regular Bitcoin transactions with the traditional network. It's not that hard; at first look, it may look hard though. You may have a try- A Beginner's guideline to Bitcoin Lightning Network (https://bitcointalk.org/index.php?topic=5202798.0)Title: Re: Bitcoin and Lightning are on the Same Way Post by: ilovealtcoins on September 29, 2021, 02:27:45 PM It's not surprising, IMO. A lot of people are getting into the bitcoin these days. Certainly few of them are also in LN. Some services are introducing this to their customers. Besides, LN is supposed to be adopted in a large scale in the coming years. In my opinion, the growth rate should be far higher by now. Also we have Bitcoin RSK network with very low cost. What's that? Until now, I haven’t heard this IIRC.Rootstock (RSK) - Smart Contracts for Bitcoin https://bitcointalk.org/index.php?topic=3189777.0 Bitcoin is used as gas for transactions in the network like other layer1 platforms such as ETH, ATOM, BSC, AVAX... It's not new but it's really great if used as a payment solution similar to the traditional Bitcoin mainnet and lightning Bitcoin |
