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Lightning Network is the Future of Bitcoin
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Topic: Lightning Network is the Future of Bitcoin (Read 112 times)
kingonly
(OP)
Newbie
Offline
Activity: 5
Merit: 0
Lightning Network is the Future of Bitcoin
March 22, 2018, 04:01:15 PM
#1
Peter Thiel says that bitcoin is like bars of gold and that it is too cumbersome to be used as a payment system. Lightning Network is hopefully going to prove him wrong:
https://medium.com/@kingonly/the-future-of-bitcoin-3187aefe2746
mindrust
Legendary
Offline
Activity: 3332
Merit: 2477
”We’ll send someone to the moon.” —DJT
Re: Lightning Network is the Future of Bitcoin
March 22, 2018, 04:08:09 PM
#2
Quote from: kingonly on March 22, 2018, 04:01:15 PM
Peter Thiel says that bitcoin is like bars of gold and that it is too cumbersome to be used as a payment system. Lightning Network is hopefully going to prove him wrong:
https://medium.com/@kingonly/the-future-of-bitcoin-3187aefe2746
I read today that IOTA, stellar, ethereum and Neo are also working on their own Lightning Network.
https://blog.iota.org/instant-feeless-flash-channels-88572d9a4385
https://raiden.network/
https://www.stellar.org/blog/lightning-on-stellar-roadmap/
https://steemit.com/cryptocurrency/@pandorasbox/trinity-lightning-network-for-the-neo-blockchain
The Lightning Network is a bigger invention than many people think yet many noobs still call bitcoin an outdated tech. Don't fall for this FUD.
Bitcoin with this much Dev activity is and will always be the king.
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wxa7115
Hero Member
Offline
Activity: 2800
Merit: 727
Re: Lightning Network is the Future of Bitcoin
March 22, 2018, 04:19:56 PM
Merited
by
mindrust
(1)
#3
Quote from: mindrust on March 22, 2018, 04:08:09 PM
Quote from: kingonly on March 22, 2018, 04:01:15 PM
Peter Thiel says that bitcoin is like bars of gold and that it is too cumbersome to be used as a payment system. Lightning Network is hopefully going to prove him wrong:
https://medium.com/@kingonly/the-future-of-bitcoin-3187aefe2746
I read today that IOTA, stellar, ethereum and Neo are also working on their own Lightning Network.
https://blog.iota.org/instant-feeless-flash-channels-88572d9a4385
https://raiden.network/
https://www.stellar.org/blog/lightning-on-stellar-roadmap/
https://steemit.com/cryptocurrency/@pandorasbox/trinity-lightning-network-for-the-neo-blockchain
The Lightning Network is a bigger invention than many people think yet many noobs still call bitcoin an outdated tech. Don't fall for this FUD.
Bitcoin with this much Dev activity is and will always be the king.
This is one of the big problems with newbies they think that satoshi just created bitcoin and never updated the technology, bitcoin is updated regularly by the developers and they are making bitcoin better and one of the ways they found to do that was with the lighting network and once it's fully operational we are going to be able to send micropayments again for a very low transaction fee.
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