jtipt
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January 29, 2018, 05:39:29 AM |
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AFAIK there currently about 300 LN nodes with 800 active channels and a total of 3.7 BTC, active on mainnet, it's no where near as safe and people are just testing it. Some people have made succesful transcation with LN on blockstream, torguard and bitrefill. You can explore all the nodes and channels here https://lnmainnet.gaben.win
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pooya87
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Crypto Swap Exchange
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January 29, 2018, 07:07:51 AM |
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it has been active for a while: https://bitcointalk.org/index.php?topic=2796578.msg28589053#msg28589053seems sketchy as the only article I can find...do they mean just live on 'main net' to test
or is it really ready for prime time?
well, LN applications have been ready a while ago and LN network on mainnet also started up a while ago. but the thing is, these applications are still in beta mode and need a lot of testing and bugs only show themselves if the code is reviewed and the application is used by more people. but at the same time you should be careful to not put a lot of bitcoin in it because you may easily lose it to a bug. there currently are nearly 300 LN nodes and the network has a capacity of 3.6 BTC in total. It's amazing for me how the LN nodes are growin on the mainnet, a few weeks before it was just really a few and now there are nearly 300 nodes. And they are only testing, because there's just a few real merchants who accept the payments via the LN network yet, so most of the guys who run the LN hubs are only testing the micro payments via sending the coins to each other? The lucky thing is that despite of they're testing on the main net, the fee of the channel opening and closing transactions (they have to go thru the normal blockchain) are really low now, compared to the end of last year. There's a thread where someone have posted a link where the LN network is visualized, but I was not brave enough to click the link, so I don't know if it's safe and really works or not : https://bitcointalk.org/index.php?topic=2838979.0i haven't been able to find any lists of merchants already implementing LN but there are some news here and there. there is blockstream obviously: https://blockstream.com/2018/01/16/lightning-charge.htmlthere is a VPN provider: https://news.bitcoin.com/vpn-provider-now-accepts-lightning-network-payments/i've seen charging mobile using LN from one of the LN devs. but yeah, it is mainly "micro payment" and also for testing since it is still new. as for the link, just click on the link i posted above. it has a screenshot that doesn't require you to exit bitcointalk...
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Searing (OP)
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Clueless!
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January 30, 2018, 08:30:43 PM |
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it has been active for a while: https://bitcointalk.org/index.php?topic=2796578.msg28589053#msg28589053seems sketchy as the only article I can find...do they mean just live on 'main net' to test
or is it really ready for prime time?
well, LN applications have been ready a while ago and LN network on mainnet also started up a while ago. but the thing is, these applications are still in beta mode and need a lot of testing and bugs only show themselves if the code is reviewed and the application is used by more people. but at the same time you should be careful to not put a lot of bitcoin in it because you may easily lose it to a bug. there currently are nearly 300 LN nodes and the network has a capacity of 3.6 BTC in total. It's amazing for me how the LN nodes are growin on the mainnet, a few weeks before it was just really a few and now there are nearly 300 nodes. And they are only testing, because there's just a few real merchants who accept the payments via the LN network yet, so most of the guys who run the LN hubs are only testing the micro payments via sending the coins to each other? The lucky thing is that despite of they're testing on the main net, the fee of the channel opening and closing transactions (they have to go thru the normal blockchain) are really low now, compared to the end of last year. There's a thread where someone have posted a link where the LN network is visualized, but I was not brave enough to click the link, so I don't know if it's safe and really works or not : https://bitcointalk.org/index.php?topic=2838979.0i haven't been able to find any lists of merchants already implementing LN but there are some news here and there. there is blockstream obviously: https://blockstream.com/2018/01/16/lightning-charge.htmlthere is a VPN provider: https://news.bitcoin.com/vpn-provider-now-accepts-lightning-network-payments/i've seen charging mobile using LN from one of the LN devs. but yeah, it is mainly "micro payment" and also for testing since it is still new. as for the link, just click on the link i posted above. it has a screenshot that doesn't require you to exit bitcointalk... Does anyone have a link to a 'timeline' on when they expect this aspect to go LIVE in a real sense and not a 'test' sense? and/or a link to such speculations? knowing Bitcoin Core...they could test this till August 2018..they have the coding speed of a Snail..... anyway, anybody, anything?
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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gentlemand
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Welt Am Draht
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January 30, 2018, 08:33:32 PM |
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Does anyone have a link to a 'timeline' on when they expect this aspect to go LIVE in a real sense and not a 'test' sense? and/or a link to such speculations?
knowing Bitcoin Core...they could test this till August 2018..they have the coding speed of a Snail.....
anyway, anybody, anything?
You've already been told. There will be no such thing. It's not being developed by Core. It's a layer on top and there are multiple versions, all working on being interoperable. It'll be a gradual roll out spread between all of the services in the system.
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Searing (OP)
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Clueless!
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January 30, 2018, 08:49:39 PM |
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Does anyone have a link to a 'timeline' on when they expect this aspect to go LIVE in a real sense and not a 'test' sense? and/or a link to such speculations?
knowing Bitcoin Core...they could test this till August 2018..they have the coding speed of a Snail.....
anyway, anybody, anything?
You've already been told. There will be no such thing. It's not being developed by Core. It's a layer on top and there are multiple versions, all working on being interoperable. It'll be a gradual roll out spread between all of the services in the system. Well and good...what is your view on how 'gradual' will this be? I myself don't know enough....I HOPE you are correct and such a gradual rollout will gain steam and credibility but am clueless on how/what/when they plan this (or hope this) protocol will evolve your thoughts, please brad
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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Washball
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First crypto index traded as a token!
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January 30, 2018, 08:51:23 PM |
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Lightning Network is not live yet, there's a test phase on the testnet. People are already using LN for small transactions, but devs complain it's distracting their attention and only slows down the development. It will take a while before LN goes live.
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gentlemand
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Welt Am Draht
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January 30, 2018, 09:02:29 PM |
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Well and good...what is your view on how 'gradual' will this be? I myself don't know enough....I HOPE you are correct and such a gradual rollout will gain steam and credibility
but am clueless on how/what/when they plan this (or hope this) protocol will evolve
Ain't got a clue. And there is no 'they'. It's hundreds or thousands of people from all over the world all beavering away. I presume what most people will regard as the 'real' launch will be the big exchanges offering it. As stated elsewhere I don't think they will.
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Searing (OP)
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Clueless!
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January 30, 2018, 09:14:41 PM |
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Well and good...what is your view on how 'gradual' will this be? I myself don't know enough....I HOPE you are correct and such a gradual rollout will gain steam and credibility
but am clueless on how/what/when they plan this (or hope this) protocol will evolve
Ain't got a clue. And there is no 'they'. It's hundreds or thousands of people from all over the world all beavering away. I presume what most people will regard as the 'real' launch will be the big exchanges offering it. As stated elsewhere I don't think they will. ok...point..exchanges start to offer/pump lighting...I guess I can see that...as a timeline or sorts gradual or not....
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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jtipt
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January 31, 2018, 03:12:13 AM |
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Well and good...what is your view on how 'gradual' will this be? I myself don't know enough....I HOPE you are correct and such a gradual rollout will gain steam and credibility
but am clueless on how/what/when they plan this (or hope this) protocol will evolve
Ain't got a clue. And there is no 'they'. It's hundreds or thousands of people from all over the world all beavering away. I presume what most people will regard as the 'real' launch will be the big exchanges offering it. As stated elsewhere I don't think they will. I don't think exchanges offering LN transfers will happen anytime soon, also it isn't some I would expect LN to be used for. Main purpose of LN is for micro transactions, so essentially as a payment processor where bitcoin is accepted as payment would be the first places where I would like to see LN. And anyways I don't think exchanges will allow trading of BTC which aren't transacted on the chain.
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pooya87
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Crypto Swap Exchange
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January 31, 2018, 04:33:04 AM |
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Well and good...what is your view on how 'gradual' will this be? I myself don't know enough....I HOPE you are correct and such a gradual rollout will gain steam and credibility
but am clueless on how/what/when they plan this (or hope this) protocol will evolve
Ain't got a clue. And there is no 'they'. It's hundreds or thousands of people from all over the world all beavering away. I presume what most people will regard as the 'real' launch will be the big exchanges offering it. As stated elsewhere I don't think they will. I don't think exchanges offering LN transfers will happen anytime soon, also it isn't some I would expect LN to be used for. Main purpose of LN is for micro transactions, so essentially as a payment processor where bitcoin is accepted as payment would be the first places where I would like to see LN. And anyways I don't think exchanges will allow trading of BTC which aren't transacted on the chain. i wouldn't call "micro transactions" as its main purpose. i think the speed is the main purpose instead, even the name is "Lightning" Network which is hinting at the speed and also scaling which means adding capability of handling virtually limitless number of transactions per second.
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KwizatzHaderach
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January 31, 2018, 04:34:11 AM |
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I think people are jumping the gun already and using Lightning Network. Arduous testing should still be conducted before it can be adopted widely.
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elizavetausova0112
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February 08, 2018, 11:49:26 AM |
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Hello! Share who earns on bitcoins? can someone did not manage to earn? Waiting for an opinion ...
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Pursuer
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Where is my ring of blades...
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February 08, 2018, 11:54:59 AM |
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I think people are jumping the gun already and using Lightning Network. Arduous testing should still be conducted before it can be adopted widely.
believe it or not a lot of people are interested in the technology itself and want to get involved with it as soon as possible so they start running a Lightning node and have fun with it. you don't have to do it with a very large amount of bitcoin. you can put a smaller amount in and test things. and you may even earn some satoshis as the fees!
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Only Bitcoin
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HeRetiK
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Playgram - The Telegram Casino
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February 08, 2018, 01:41:27 PM |
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I think people are jumping the gun already and using Lightning Network. Arduous testing should still be conducted before it can be adopted widely.
believe it or not a lot of people are interested in the technology itself and want to get involved with it as soon as possible so they start running a Lightning node and have fun with it. you don't have to do it with a very large amount of bitcoin. you can put a smaller amount in and test things. and you may even earn some satoshis as the fees! Also arduous testing is exactly what those glorious bastards are doing. It's voluntary testing like this that is needed to ensure that Lightning Network gets polished quickly and reaches a stable state sooner rather than later.
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