Bitcoin Forum
May 06, 2024, 03:56:12 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What is Lightning Network (LN) mainnet?  (Read 78 times)
jomz312 (OP)
Jr. Member
*
Offline Offline

Activity: 56
Merit: 2


View Profile
January 22, 2018, 07:08:32 AM
 #1

Guys what is lightning network or LN mainnet?
Have you heard about this lightning network?
Social media is humming with news references to LN technology progress.
The news that the cryptocurrency community is celebrating what we have been the first ever transactions on bitcoin lighting networks mainnet.
What can you say about this?this is good for us or not, any people of this forum explain about what I heard?
1715010973
Hero Member
*
Offline Offline

Posts: 1715010973

View Profile Personal Message (Offline)

Ignore
1715010973
Reply with quote  #2

1715010973
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715010973
Hero Member
*
Offline Offline

Posts: 1715010973

View Profile Personal Message (Offline)

Ignore
1715010973
Reply with quote  #2

1715010973
Report to moderator
1715010973
Hero Member
*
Offline Offline

Posts: 1715010973

View Profile Personal Message (Offline)

Ignore
1715010973
Reply with quote  #2

1715010973
Report to moderator
OmegaStarScream
Staff
Legendary
*
Offline Offline

Activity: 3472
Merit: 6125



View Profile
January 22, 2018, 09:13:41 AM
 #2

In simple terms, It will basically allow you to make instant transactions without the need of waiting confirmation and with almost zero fees. Even though some people are using in the mainnet, It's not recommended to do so, It's still in test. If you want more in-depth details check this thread.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
jtipt
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 529



View Profile
January 23, 2018, 03:21:11 AM
 #3

If you want to check out how LN feels there is a guide on reddit to use it on testnet with your android device. Here's thelink
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!