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Author Topic: zomg lightning netowrk payment is fast as heck  (Read 290 times)
doomloop
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March 05, 2023, 08:20:14 PM
 #41

Yeah LN is pretty sick. I haven't used it myself but I've watched videos of people using it and they hit the button and literally a second later (or less) the other person has received the money.

As a network protocol its got some tradeoffs and still seems to need work and improvements that will hopefully hide some of those tradeoffs, but in terms of being able to send cheap and instant payments with Bitcoin its pretty amazing.


Bitcoin base chain is great for storing wealth and moving money around and buying things on the internet, but LN makes Bitcoin work for buying things in person where you need that instant payment.
It's name literally says it all, lightning. So far I only use ln one time and that is when I try a bitcoin lightning faucet. Transactions went smoothly as advertised. I think the reason why many of us have not use it regularly is due to lack of support.

If only LN is available on the gambling site that I am playing right now or on the shopping store that I use, I won't hesitate to use it than the other cryptos because they have delays and their transaction fees are sometimes high. I don't know if what is that trade-off or drawback you mean because I never experienced it before but don't worry because I know that it will still be fixed over time in order for ln to attract more users.

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