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A guy I know, tried to send $30k worth of BTC yesterday on lightning network. He was ecstatic about his low fees! Only $3, he reveled in the brilliance of segwit, laughing at BCH.
Then come 24 hours later the transaction still had 0 confirmations. Now he realizes he will probably have to wait another 48 hours until it is returned to him to send it on the normal BTC network with a higher fee.
Then come 24 hours later the transaction still had 0 confirmations. Now he realizes he will probably have to wait another 48 hours until it is returned to him to send it on the normal BTC network with a higher fee.
I had one pending and it's been 12 hours you cannot trust a site that gives you a lower fee options because it will takes a lot of time to confirmed, the only option if you want to see your transactions confirming fast is the high fee
As I understand the lightning network is not ready for use on the mainnet and only for the testnet of bitcoin.
He probably ment that he sent BTC to a segwit address. if so, it's actualy a normal BTC transaction, that has to be confirmed in the same way a a normal bitcoin transaction.
A lightning network transaction works in a different way.
https://lightning.network/
https://news.bitcoin.com/lightning-network-launches-third-release-featuring-bitcoin-litecoin-atomic-swaps/
http://www.investopedia.com/terms/s/segwit-segregated-witness.asp.
