Bitcoin Forum
April 24, 2024, 11:01:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Future : Bitcoin Lighting Network  (Read 170 times)
kadirmon (OP)
Member
**
Offline Offline

Activity: 75
Merit: 10


View Profile
March 06, 2018, 07:56:08 PM
 #1

What do you think about this technology ?
1713999707
Hero Member
*
Offline Offline

Posts: 1713999707

View Profile Personal Message (Offline)

Ignore
1713999707
Reply with quote  #2

1713999707
Report to moderator
1713999707
Hero Member
*
Offline Offline

Posts: 1713999707

View Profile Personal Message (Offline)

Ignore
1713999707
Reply with quote  #2

1713999707
Report to moderator
1713999707
Hero Member
*
Offline Offline

Posts: 1713999707

View Profile Personal Message (Offline)

Ignore
1713999707
Reply with quote  #2

1713999707
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713999707
Hero Member
*
Offline Offline

Posts: 1713999707

View Profile Personal Message (Offline)

Ignore
1713999707
Reply with quote  #2

1713999707
Report to moderator
Barley Hertog
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 06, 2018, 08:16:33 PM
 #2

What do you think about this technology ?

Well, it isn't ready yet, so it's quite early to judge. But the idea itself is great.
Coyoteerex09
Jr. Member
*
Offline Offline

Activity: 71
Merit: 3


View Profile
March 07, 2018, 05:56:09 AM
 #3

What do you think about this technology ?

Well, it isn't ready yet, so it's quite early to judge. But the idea itself is great.

You're wrong on this, bitcoin's lightning network is already been implemented (although its not fully operational) but lightning network nodes are now running.

Here's a reference.
https://www.reddit.com/r/Bitcoin/comments/7tbuly/the_lightning_network_now_has_5x_more_nodes_and/
https://cointelegraph.com/news/original-pizza-day-purchaser-does-it-again-with-bitcoin-lightning-network
Tictocgroup
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
March 07, 2018, 05:58:25 AM
 #4

What do you think about this technology ?

Well, it isn't ready yet, so it's quite early to judge. But the idea itself is great.

You're wrong on this, bitcoin's lightning network is already been implemented (although its not fully operational) but lightning network nodes are now running.

Here's a reference.
https://www.reddit.com/r/Bitcoin/comments/7tbuly/the_lightning_network_now_has_5x_more_nodes_and/
https://cointelegraph.com/news/original-pizza-day-purchaser-does-it-again-with-bitcoin-lightning-network

Yeah well, I've read some people argue that LN, doesn't really help btc, it keeps everything in fiat or something.... and they say it goes against btc principles
posi
Hero Member
*****
Offline Offline

Activity: 2226
Merit: 579


Leading Crypto Sports Betting & Casino Platform


View Profile
March 07, 2018, 06:21:06 AM
 #5

What do you think about this technology ?
I seethe the lightning network as the future of crypto currency transaction due to it ability to let people instantly send and receive payments with less transaction fees.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
jerowacik
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000



View Profile
March 07, 2018, 02:14:51 PM
 #6

Much more scalable than increasing block size. Current version of LN that is tested on main net is not the final one. If this solution works its going to be developed over many next years. But LN isn't the end of scaling. We're going to have tons of layers and each one will increase the ability of Bitcoin.
Barley Hertog
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 07, 2018, 02:53:23 PM
 #7

You're wrong on this, bitcoin's lightning network is already been implemented (although its not fully operational) but lightning network nodes are now running.

Here's a reference.
https://www.reddit.com/r/Bitcoin/comments/7tbuly/the_lightning_network_now_has_5x_more_nodes_and/
https://cointelegraph.com/news/original-pizza-day-purchaser-does-it-again-with-bitcoin-lightning-network

Well, thanks for the links but the stories are more like demonstration of the technology, rather than real business. It would be real if the pizza shop had a payment channel with Hanyecz or his friend. Anyway, Lightning stays very promising so let's just wait a bit.
Coyoteerex09
Jr. Member
*
Offline Offline

Activity: 71
Merit: 3


View Profile
March 09, 2018, 06:08:11 AM
 #8

What I'm saying is that its already being implemented, nodes are running and we'll see more adoptions in the next coming months.
hugeblack
Legendary
*
Offline Offline

Activity: 2492
Merit: 3596


Buy/Sell crypto at BestChange


View Profile WWW
March 09, 2018, 07:54:23 AM
 #9

What do you think about this technology ?
Although the use of the lightning network will be the solution in the long term, it is a very complex solution and contains many disadvantages:

  • How to receive payments when the user is offline
  • A practical solution only for institutions, not individuals
  • There are easier solutions ex: blinded bearer certificates

Overall, the development of this network is ongoing and may solve all these problems.
We are promised fewer fees and faster confirmation.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
suzanne5223
Hero Member
*****
Offline Offline

Activity: 2604
Merit: 650


Want top-notch marketing for your project, Hire me


View Profile WWW
March 09, 2018, 08:46:24 AM
 #10

I think the lightning network technology look promising cause they are planning to change the bitcoin transaction scheme but we don't know yet if they will really fulfill their promises and if they do I guess they are the future of crypto.

hulla
Hero Member
*****
Offline Offline

Activity: 1820
Merit: 566



View Profile
March 10, 2018, 04:19:16 AM
 #11

The Lightning Network is a good project cause of it faster transactions and near-zero fees features which caught the interest of the bitcoin community. But can we say about the bug found on it?

.
.Duelbits.
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
▄▀▄
█   █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█▀▀▀▀▀█
▀█▀█▀
█▄█
█▄█
▄▀▄
█   █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█▀▀▀▀▀█
▀█▀█▀
█▄█
█▄█
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀
 ▀▄    ▄▀▀
Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█
█  █    █    █  █  █ █
Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █
█     ▀▄▀     █   ▀▀  █
Blackjack
.
▄▄▀█████▀▄▄
▄▀▀   █████ ▄▄▀▀▄
███▄  ▄█████▄▀▀▄███
██████▀▀     ▀▀██████
█ ▀▀██▀ ▀▄   ▄▀ ▀██▀▀ █
█    █    ███    █    █
█ ▄▄██▄ ▄▀   ▀▄ ▄██▄▄ █
██████▄▄     ▄▄██████
Roulette
.
█▀▀▀▄             ▄▀▀▀█
█ ▀▄ ▀▄         ▄▀ ▄▀ █
▀▄ ▀▄ ▀▄     ▄▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄  ▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄ ▀ ▄▀
▄ ▀▄ ▀▄ ▀▄  ▄
█ ▀▄ ▀▄ ▀  ▄▀ █
▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄
Dice Duels
suzanne5223
Hero Member
*****
Offline Offline

Activity: 2604
Merit: 650


Want top-notch marketing for your project, Hire me


View Profile WWW
March 10, 2018, 10:26:30 PM
 #12

The Lightning Network is a good project cause of it faster transactions and near-zero fees features which caught the interest of the bitcoin community. But can we say about the bug found on it?

You don't get it, do you?  The bug was found cause the network is not fully setup and the Lightning CEO (Elizabeth Stark) already told people not to use the network but people are haste.


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!