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Author Topic: Bitcoin Lightening Network Implementation  (Read 143 times)
Bitcoin Guy
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December 18, 2017, 07:10:36 PM
 #1

Does anyone have any roadmap on the LN implementation on Bitcoin? 

I really hate to see Bitcoin continuously being attacked by some ignorant people that Bitcoin cannot be used as a currency because of the current slow processing speed and high transaction fee. 


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December 18, 2017, 11:55:49 PM
 #2

Most of us waiting for another solution for blockchain as mempool seems flooded by too many unconfirmed transactions which lead to higher fees to be paid and takes a long time for a transaction to be confirmed, unless you willing to pay ridiculous fee.
However, I can't find any roadmap of lightning network, all written about the LN may be implemented soon.
“This announcement is about compatibility and a final candidate for the specification,” Lightning Labs CTO Olaoluwa Osuntokun told CoinJournal when asked for a more specific timeline on the beta mainnet releases of specific implementations. “Each implementation team will release its beta code separately, as the team deems its implementation safe and secure.” https://coinjournal.net/bitcoins-lightning-network-version-1-rc-mainnet-beta-implementations-way/
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December 19, 2017, 01:46:28 AM
 #3

Bitcoin users have been excited for some quite time now because of the low transaction fees, instant transfers implemented by the Lightning Network. I dont see any updates on their roadmap but they have a positive progress about their mainnet test and all of their developers are working positively.
There is no specific date announced as of now.


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December 19, 2017, 06:40:46 AM
 #4

I think that with an agreed standard and positive test success, the time of creation of a working prototype can not exceed 6 months.
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December 19, 2017, 08:02:25 AM
 #5

You should direct your anger towards the third party services and exchanges that are not willing to work with the Bitcoin Core team to use SegWit as a temporary solution. They want to use new coins like BCash and they are using delay tactics not to implement SegWit. 

Bitcoin with SegWit is enough scaling for now, until the Lightning Network is implemented. ^grrrrrr^

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December 19, 2017, 09:41:57 AM
 #6

A friend of mine had a wallet and was exposed to theft and this is very worrying
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December 19, 2017, 11:26:52 AM
 #7

I also want to know the roadmap of the LN implementation in bitcoin. I have been trying to search for relative plan but so far there is still none. There is just the news saying that it will be soon, but don't know how soon it is.

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December 19, 2017, 11:43:53 AM
 #8

Does anyone have any roadmap on the LN implementation on Bitcoin? 

I really hate to see Bitcoin continuously being attacked by some ignorant people that Bitcoin cannot be used as a currency because of the current slow processing speed and high transaction fee. 



I heard it will be implemented fairly soon™
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December 19, 2017, 11:48:16 AM
 #9

You should direct your anger towards the third party services and exchanges that are not willing to work with the Bitcoin Core team to use SegWit as a temporary solution. They want to use new coins like BCash and they are using delay tactics not to implement SegWit. 

Bitcoin with SegWit is enough scaling for now, until the Lightning Network is implemented. ^grrrrrr^

That's literally everything what's wrong with the community right now. People focus too much of their anger and hatred towards bitcoin while 9 out of 10 times it's the businesses that do the harm by refusing to take advantage of solutions that are available at this very moment. If they don't delay or don't start utilizing segwit they're basically justifying charging bug fees for outgoing transactions.
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December 19, 2017, 01:54:50 PM
 #10

Does anyone have any roadmap on the LN implementation on Bitcoin? 

I really hate to see Bitcoin continuously being attacked by some ignorant people that Bitcoin cannot be used as a currency because of the current slow processing speed and high transaction fee. 

It's not exactly a roadmap but this article https://www.coindesk.com/lightning-bitcoin-scaling-tech-really-know/ from a couple of weeks ago gives a pretty good indication of where things are at the moment.

Quote
As Jack Mallers, developer of Lightning desktop app Zapp, put it:

"It's fairly close to working to the point where the public can test with real money, but not necessarily at the point where people can operate a business on it quite yet."

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