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Unblock_news
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February 19, 2019, 07:35:27 AM
 #1

People residing in United States can now use their Bitcoins (BTC) to purchase Domino’s pizza through Lightning Pizza app.


Read more here: https://www.unblock.news/news/buy-pizza-with-bitcoin-through-lightning-network
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February 19, 2019, 08:31:04 AM
 #2

This is just the start and most people doesn't see this improvement that bitcoin is getting. Cheaper fees and faster transactions and sooner or later we're going to be able to buy almost everything with bitcoin through Lightning Network.

It's just a matter of time.
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February 19, 2019, 08:33:14 AM
 #3

It's great to see that the Lightning Network slowly gets implemented around the world. Twitter allowing users to tip will hopefully create a snowball effect and more and more companies and especially brick and mortar businesses will allow people to instantly pay with bitcoin.
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February 19, 2019, 08:34:11 AM
 #4

This is just the start and most people doesn't see this improvement that bitcoin is getting. Cheaper fees and faster transactions and sooner or later we're going to be able to buy almost everything with bitcoin through Lightning Network.

It's just a matter of time.

whats not said by the OP's link is that the 150 orders taken is based on the fact that 1500 orders tried, but only 150 succeeded, with fold saying the issue was due to lightning. 10% success rate..

imagine if bitcoin (not LN 12 decimal pegged payments) but the actual bitcoin network(8 decimal tx's) only had 10% success rate

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February 19, 2019, 08:43:57 AM
 #5

You gotta keep up Mr Unblock_News. News was 5 days ago, and this has already been discussed here on bitcointalk: https://bitcointalk.org/index.php?topic=5109930.0

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February 19, 2019, 08:52:40 AM
 #6

Reading these kinds of news every day shows that adoption has been moving at incredible speed. As a matter of fact, I had doubts about how Bitcoin will be accepted, but these innovations are compel me to think ''will it be accepted?''. But it is strange that decentralized money is used as main money.


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February 19, 2019, 08:54:54 AM
 #7

This is just the start and most people doesn't see this improvement that bitcoin is getting. Cheaper fees and faster transactions and sooner or later we're going to be able to buy almost everything with bitcoin through Lightning Network.

It's just a matter of time.

whats not said by the OP's link is that the 150 orders taken is based on the fact that 1500 orders tried, but only 150 succeeded, with fold saying the issue was due to lightning. 10% success rate..


Roll Eyes Can you post the link to that information, or do you expect us to accept that to be real because it's you?

Quote

imagine if bitcoin (not LN 12 decimal pegged payments) but the actual bitcoin network(8 decimal tx's) only had 10% success rate


They are actual Bitcoins held in 2 for 2 multi-sig wallets. There are no "pegs".

Plus I believe Lightning's 12 decimal places can increase Bitcoin's utility.


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February 19, 2019, 09:58:00 AM
 #8

@Wind FURY, I wasn't surprised if it was 10% success rate. It was less than a year ago when I first started following LN attempts at it was even as high as 99% failure rate on buys above a couple of dollars. Naturally, this was to be expected until the tech becomes more stable and more mature.

To get from 1% to 10% success rate, and to get from max funding values of less than 1 BTC and max payment values of $2 to the possible max values we are at today? The average $25 spend of this experiment, that to me is a sign of improved robustness we knew would take LN time.

The surprise is that it's taken much less time than even optimists had estimated.

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February 19, 2019, 11:07:32 AM
 #9

Then post the facts for the sake of the people who are unaware, especially the newbies.

The forum should be a place of learning, not a place of spreading lies, half-truths, and deceit in order to spread their narrative.

We should ask Lightning users what the success rate is for an average Domino's pizza purchase. Haha.


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February 19, 2019, 11:16:13 AM
 #10

You gotta keep up Mr Unblock_News. News was 5 days ago, and this has already been discussed here on bitcointalk: https://bitcointalk.org/index.php?topic=5109930.0
It's hard to keep up with every discussion especially in Bitcoin Discussion and Altcoin Discussion board. By the way, good job. I also missed that topic other day.

Anyway, it's good to see the acceptance of LN. This is much needed for Bitcoin to make it everyday currency.

Cheers :-)

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February 19, 2019, 03:25:47 PM
Last edit: February 19, 2019, 04:06:14 PM by franky1
 #11

This is just the start and most people doesn't see this improvement that bitcoin is getting. Cheaper fees and faster transactions and sooner or later we're going to be able to buy almost everything with bitcoin through Lightning Network.

It's just a matter of time.

whats not said by the OP's link is that the 150 orders taken is based on the fact that 1500 orders tried, but only 150 succeeded, with fold saying the issue was due to lightning. 10% success rate..


Roll Eyes Can you post the link to that information, or do you expect us to accept that to be real because it's you?

Quote

imagine if bitcoin (not LN 12 decimal pegged payments) but the actual bitcoin network(8 decimal tx's) only had 10% success rate


They are actual Bitcoins held in 2 for 2 multi-sig wallets. There are no "pegs".

Plus I believe Lightning's 12 decimal places can increase Bitcoin's utility.

as for a place for learning, i used to spoonfeed people until your buddies come up with their rekt campaigns and social drama to just say "wrong coz franky".. so i then just said "do your own research if you dont wanna learn what i learned.
and now its back to getting spoonfed.
seriously. i know u love wiki or only the first search result of google. but try upping your game.
if you really dont want to read what i write. and think its just fud. atleast DO SOME RESEARCH instead of just proclaiming "wrong coz franky".. as that just maks you sound as bad as doomand and your buddies who lack the info
its also an old outdated social drama tactic that lauda, carlton used to do, but they too learned the hard way.
so it appears they passd the mantle down to you guys. but you seem to have not progress any further then them as you still echo the same sentiments and myth rhetoric.. so its just boring

anyway with an easy bit of research taking 10 seconds you would have found
https://www.coindesk.com/pizza-lightning-bitcoin
"The largest barrier to conversion was setting up a new lightning wallet,” Reeves said, adding there were roughly 1,500 orders but only a 10 percent conversion rate because people struggled to use lightning-enabled bitcoin wallets."

real funny part, thats 10% success of those that got as far as making an order. think of the ones that tried but didnt even get that far
and i truly am surprised even when you were given a link to a video of LN devs themselves saying the flaws of their own system months ago, your still trying to play the social drama game of "wrong coz franky"
maybe best you take time to do research like i suggest to your buddies who seem to just want to resort to social drama rebuttles of "cant be assed to research so ill just say wrong and include the name of the poster to poke the bear"

...

as for other point
real bitcoins are held on a blockchain and are only 8 decimals which are locked
12 decimal increase utility.. of a token thats pegged

what you have to try to realise and research is the difference between the 8decimal valued tx used for opening closing. which does broadcast to bitcoins blockchain and the 12 decimal used only within and for LN payments. they have 2 different functions/scripts. they have 2 different token systems. you wont see a 12 decimal tx on the bitcoin blockchain.
so you might want to really understand and research things

imagine it like a cheque.
is a cheque a true guaranteed payment. or do people rush to get it cleared/settled before proclaiming the IOU is cleared and settled and any funds owed are no longer owed.
if you think that just handing out signed 'payments' not cleared are just as trusted. then realise that cheques are only trusted due to laws and KYC allowing someone to chase the non paying IOU handler shhould a cheque not clear. .. which LN doesnt have that protection (as yet)
if you stil think that you will happily accept un-cleared chques without the laws/kyc. then you ar risking mor then you care to admit

so be careful using LN and definetly dont over promise/over promote it unless you understand it fully

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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February 19, 2019, 04:24:29 PM
 #12

Does anyone know when this/something like this will be coming to Canada?
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February 19, 2019, 04:35:23 PM
 #13

This is just the start and most people doesn't see this improvement that bitcoin is getting. Cheaper fees and faster transactions and sooner or later we're going to be able to buy almost everything with bitcoin through Lightning Network.

It's just a matter of time.

whats not said by the OP's link is that the 150 orders taken is based on the fact that 1500 orders tried, but only 150 succeeded, with fold saying the issue was due to lightning. 10% success rate..

imagine if bitcoin (not LN 12 decimal pegged payments) but the actual bitcoin network(8 decimal tx's) only had 10% success rate

This might be a low success rate but atleast they are trying new ones and there are 150 success transaction.
And more than one is plural and much better, this will be develop and might launch as beta to be develop. lets wait more.

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February 19, 2019, 04:41:32 PM
 #14

People residing in United States can now use their Bitcoins (BTC) to purchase Domino’s pizza through Lightning Pizza app.


Read more here: https://www.unblock.news/news/buy-pizza-with-bitcoin-through-lightning-network

This is just insane to know about that we can use cryptos to buy Pizza.
Like it's a dream come true thing as compared to real money people like to use virtual currencies for easy and fast deals.
This will gain many people's attraction for sure in the future and maybe we can use cryptos in other many aspects.
Waiting for lot of updates to see with Bitcoins.

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Pedro12528
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February 19, 2019, 05:01:29 PM
 #15

People residing in United States can now use their Bitcoins (BTC) to purchase Domino’s pizza through Lightning Pizza app.


Read more here: https://www.unblock.news/news/buy-pizza-with-bitcoin-through-lightning-network
It's great news, I think that many cafe will accept bitcoin in the nearest future

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February 19, 2019, 10:31:00 PM
 #16

People residing in United States can now use their Bitcoins (BTC) to purchase Domino’s pizza through Lightning Pizza app.


Read more here: https://www.unblock.news/news/buy-pizza-with-bitcoin-through-lightning-network
Is a good thing how the Crypto atmosphere is turning now, buying things online with bitcoin is quiet welcoming. And the adaption of bitcoin will never disappoint the community
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February 19, 2019, 10:34:04 PM
 #17

This is just the start and most people doesn't see this improvement that bitcoin is getting. Cheaper fees and faster transactions and sooner or later we're going to be able to buy almost everything with bitcoin through Lightning Network.

It's just a matter of time.

whats not said by the OP's link is that the 150 orders taken is based on the fact that 1500 orders tried, but only 150 succeeded, with fold saying the issue was due to lightning. 10% success rate..

imagine if bitcoin (not LN 12 decimal pegged payments) but the actual bitcoin network(8 decimal tx's) only had 10% success rate

This might be a low success rate but atleast they are trying new ones and there are 150 success transaction.
And more than one is plural and much better, this will be develop and might launch as beta to be develop. lets wait more.

Everything in the Crypto world is a gradual process I believe they are working behind the scene to make sure everything come in place.
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February 19, 2019, 11:24:05 PM
 #18

People residing in United States can now use their Bitcoins (BTC) to purchase Domino’s pizza through Lightning Pizza app.


Read more here: https://www.unblock.news/news/buy-pizza-with-bitcoin-through-lightning-network
Is a good thing how the Crypto atmosphere is turning now, buying things online with bitcoin is quiet welcoming. And the adaption of bitcoin will never disappoint the community
Mass adoption will bring more opportunities and this is just a start. Hope, gigant companies will accept payment methods for paying with cryptos. Adoption will be like a fire that covers everything around it and comparing financial market's power bitcoin marketcap is much more smaller.


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February 19, 2019, 11:34:44 PM
 #19

Sounds great, Its not just about acceptance its also about the word being spread around and more people getting to know that they have an option to buy bitcoins and spend it at world famous Pizza chain (worlds 2nd most profitable Pizza chain). Its free advertising for BTC too and the merchants(Folds) who are providing this service to Dominos. They have been providing this service to other retailers as well like Dunkin Donuts, Starbucks.

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February 19, 2019, 11:43:27 PM
 #20

I mentioned this somewhere else, while you don't need a LN for this (state channels are enough) it is a super cool mutually beneifcial idea for adoption. Once you have an open state channel, it's always on the back of your mind that you can immediately purchase from that place - so they get repeat customers. In turn, since this is good business, more merchants will want to join in.
Loving this

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