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Author Topic: Question for regular casino players. Will you use Lightning if available?  (Read 3183 times)
Wind_FURY (OP)
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April 19, 2022, 07:09:34 AM
 #1

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

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April 19, 2022, 07:21:32 AM
 #2

As much as possible if it is possible I will use lighting network for faster transaction and cheaper fee and I think it is fit for me since I usually use a lower amount in deposit and I mostly use Bitcoin in all of my transaction online.

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April 19, 2022, 07:37:52 AM
 #3

I use altcoins mostly in casino but I only play with web 3.0 so I think even if you have lighting network I wouldn't still use it since the fee in other network such as BSC is already low but I am sure having lighting network and web 3.0 would receive good feedback from players.

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April 19, 2022, 07:54:01 AM
 #4

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

I am not very familiar about the Lightning Network. Only read about it a little from time to time, but never saw how the implementation in a casino would actually work. Could you maybe explain a little here in the thread what the advantages are over the usual casino design, and what the draw backs are? As far as I understand it the Lightning Network is a second layer over blockchain networks that helps in making smaller transaction between 2 parties without need to actually transfer funds. On paper that sounds very good, because many people trying out a new casino will not do so with large funds, but rather smaller amounts. If it is a cheap and easy way to reduce transaction cost I am wondering why it is not being implemented.
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April 19, 2022, 07:55:03 AM
 #5

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
From a user's point of view, Lightning Network integration looks like the right thing to me, because, as many people know, LN directly affects fees and transaction speed. Of course, as a user, I would like to see LN in online casinos and and my attitude towards it is more positive.

From the point of view of gambling websites, I can assume that this will also bring positive results, at least in the long term, and attract new users. For me, the technical side of the issue is unknown and whether casinos will want to add LN to themselves if this requires a lot of money, time or other resources.

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April 19, 2022, 08:03:29 AM
 #6

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Everyone would loved that, I honestly wanted to use it but until now I am still not sure how it works or how could I use it I only see it in some p2p exchange and exchange sites I think some gambling sites already have lighting network supported and I think this could be a good to have especially when the transaction fee is really expensive and we still wanted to use Bitcoin.

ya.ya.yo!

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April 19, 2022, 08:05:15 AM
 #7

I think the reason why people are using the Lightning Network and not legacy Bitcoin or even SegWit is the transaction speed and also the cost of the transactions. Do you really need almost instant transactions and very cheap fees for casino deposits?

I think the people that will use it, will be the gambling degens, because those people cannot wait for deposits to be verified. Most of those people switched to LTC and XRP for the fast transaction speed and low fees. The majority of the people does not want to use Bitcoin (BTC), because of the price volatility AND the potential to make large profits in the future.  Roll Eyes

Will I use it, if it is available...... sure... depending on the circumstances.  Wink

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April 19, 2022, 08:28:05 AM
 #8

I think the reason why people are using the Lightning Network and not legacy Bitcoin or even SegWit is the transaction speed and also the cost of the transactions. Do you really need almost instant transactions and very cheap fees for casino deposits?

Will I use it, if it is available...... sure... depending on the circumstances.  Wink

You have a point and I think lighting network is suitable for small amount only? Am I right? I am not really that familiar with lighting network. I would rather use alt coins to avoid expensive fee rather than using lighting network since I am not familiar with it.

But if I really need to transfer Bitcoin to deposit in casino it doesn't concern me to wait 10-15 mins to credit it in my account.

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April 19, 2022, 08:41:41 AM
 #9

I don't have problems with using the Lighting Network since it would be less expensive and faster deposit in the casino but I still would use the normal BTC transaction as much as possible since the fee is not that far and not more expensive than the LN and you have the alts as an alternative if the fee is really expensive.

For all users who are not familiar with Lighting Network (LN) better check this thread: A Beginner's guideline to Bitcoin Lightning Network


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April 19, 2022, 08:48:09 AM
 #10

Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I guess yes, definitely a good addition and not a burden for something that is a headache for years now, these transaction fees. If there's an alternative and much lower in gas fees, that's definitely a trade-off and definitely would go to altcoins that is much cheaper compare to Bitcoin's lightning network. Simple as it is, people like cheap or something close to a free.
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April 19, 2022, 09:49:35 AM
 #11

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.
Maybe because casino Site Owners are  not really active in bitcointalk and posting here so you received no response at all.
Quote

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
If Gambling operators will integrate/implement Lightning Network? then why not right? maybe it is good initiative from the gambling operator to help many to understand what Lightning network is all about and what is the benefits of this to all gamblers and cryptonians.

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April 19, 2022, 10:41:45 AM
 #12

Yes, I'm willing to use the Lightning Network if available. But maybe not all casinos are already using the old way while most users still use altcoin.

Altcoins is one of the solutions to overcome the high shipping costs with bitcoin. And I think if the casino can integrate with Lightning Network, maybe that could help adjust the cost.

The casino can promote this to the public and they can say that there are reducing the waiting time for the transaction with Lightning Network.

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April 19, 2022, 10:54:13 AM
 #13

Definately
Considering me a small scale gambler, I usually do not add a lot of funds which are the exceptionally high therefore for me Lightning network is actually very good match. It's not only faster but at the same time it's also more affordable as well.

Even if some casinos do offer Altcoins they are not really trading platform therefore they don't usually have that much availability and there is no option of that sort as well.

But then again we Cannot forget the problems that lightning network could face as well. It's still very much problematic since people could be involved in scams as well, the network is exactly not that secure as the normal transactions.

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April 19, 2022, 11:04:11 AM
 #14

Yes, I'm willing to use the Lightning Network if available. But maybe not all casinos are already using the old way while most users still use altcoin.

Altcoins is one of the solutions to overcome the high shipping costs with bitcoin. And I think if the casino can integrate with Lightning Network, maybe that could help adjust the cost.

The casino can promote this to the public and they can say that there are reducing the waiting time for the transaction with Lightning Network.

Lightning network is an off chain transaction so casino will need to setup there LN in able to cater this services while not all user is already using since its still in developing stage. The feature of LN is really cool and perfect for casino transaction but with the current status of its development should make you think twice on using it especially when real money is involved.

For me I will stick with high speed low cost altcoins for now but we are talking about a fully developed LV version then I will go for it but not this time since it’s complex for normal user to use it.

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April 19, 2022, 11:55:14 AM
 #15

Lightning network is an off chain transaction so casino will need to setup there LN in able to cater this services while not all user is already using since its still in developing stage. The feature of LN is really cool and perfect for casino transaction but with the current status of its development should make you think twice on using it especially when real money is involved.

For me I will stick with high speed low cost altcoins for now but we are talking about a fully developed LV version then I will go for it but not this time since it’s complex for normal user to use it.
If a casino wants to grow its business bigger and get more customers, maybe they should consider using the Lightning Network to provide a new experience to their users so that they can compare using the usual bitcoin, altcoins, or using the Lightning Network itself. It will give a different experience for the casino and its users, but it will return to the casino.

Some users may still stick with low-cost but high-speed altcoins because that means saving time and money that we have to pay.

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April 19, 2022, 12:06:13 PM
 #16

I'm not a regular casino player but someone who regularly bets on sports. If the need arises, sure why not? Currently, I'm satisfied with depositing via segwit and altcoins like XRP or tokens via BSC/Polygon. I also remember downloading the Phoenix wallet before just to try sending to via LN but never followed trough.
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April 19, 2022, 12:25:25 PM
 #17

The an ordinary casino user my answer is yes I will love a casino that uses the Bitcoin Lightning network for its transaction as you already know the many advantages that come with that for a user meaning lesser fees and faster transactions.
But on the other hand, there are so many set back for that to happen one is the lack of trust most casinos will not want to up into a network that is still new and in a beta mode the risk of using such a new Bitcoin development (LN) to carry out large transactions, I made a thread on why popular exchanges avoid the adoption of Bitcoin lightning network on their platforms and the replies I got build me a better understanding on why exchanges&casinos avoid lightning networks.
You can check the thread out
As the cryptocurrency community keeps expanding and the entire cryptocurrency ecosystem is growing a lot of development has been focused on the need to make Bitcoin usage easy and faster haven't witnessed Bitcoin network congestion in the past which always result in I in high transactions fees in the bitcoin blockchain and transactions taking longer time to get confirmed, so there was a need for the development of the Bitcoin lightning network (LN).
The entire Bitcoin community welcomed this development to ease the users of low fees and faster transaction time.
But the surprise of many Bitcoin analysts quite a good number of the world-leading cryptocurrency exchange have failed to integrate the bitcoin lightning network into the exchange networks, what seem to be the reasons is unknown and those exchanges have not made any public announcement or comments as regards such refusal to integrate a utility service such as LN into the exchanges.
What can be the reason behind this exchange's actions not to integrate the Bitcoin lightning network into the services?
Reading through the comments of members of the forum on that topic may give you more insight as to why (LN) is avoided by services such as casinos and exchanges.
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April 19, 2022, 01:25:16 PM
 #18

Why not? I've made Bitcoin deposits to crypto casinos and betting sites in the past even without the Lightning Network. They're much more expensive, so why would I not take the opportunity to be able to send Bitcoin in a much cheaper way nowadays with the use of LN?

On the other hand, however, I also have a few altcoins in my wallet. I had a realization not so long ago that I should gamble with my altcoins more than with my Bitcoin. Bitcoin is for HODLing. But to those who are gambling with Bitcoin, the use of LN is definitely a better option.

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April 19, 2022, 01:48:22 PM
 #19

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Well that really depends on a cornucopia of things.

First of all, what would be my advantages, or better to say, what advantages would the gambling casino give me if I were to use lightning? If they change their fees and update them in such a way that it would be worth using then obviously I would use lightning.

However, should they keep fees as they are then I do not see the advantage for myself. Rather that would only be an advantage for the gambling casino owners who save on transaction fees and keep whatever they save while artifically inflating user fees.

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April 19, 2022, 03:11:38 PM
 #20

From my POV as a user, well, I'd use it. Lightning implementation should change the fees to cheaper ones afaik, so ofc I'd use it if it was much cheaper than the original ones I'd use. But well, if not, I wouldn't necessarily shy away from it, but it wouldn't be my priority in being used since there'd be cheaper alternatives (in case casinos accept multiple cryptos, which is the case most of the time). But if casinos would still stay with the same fees EVEN with the lightning network implemented, then hard pass. They're basically saying you still need to pay more even if our system now costs less.

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April 19, 2022, 03:22:12 PM
 #21

It depends on how much the difference they charge additional fees between in mainnet and lightning network. Some casinos do charge large fees even though the mempool is empty, you can create transactions for 3-5 sat/byte and it will confirmed around 1-2 hours. Actually you only need around $2-3, but the casino charge you $10+. I'd think it will similar on LN implementation, they still charge additional fees to earn more profit. So if the difference isn't that huge, I will keep using mainnet since it's more convenient.
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April 19, 2022, 03:27:48 PM
 #22

If the casino gives us two choices, then it never hurts to occasionally use one of the two payment options. Both Lightning Network and altcoin payments may be short just to make it easier for gamblers to adapt to what we need. Personally, I wouldn't hold back on gambling, so whatever the payment option is as long as I have access at a low cost, I'll definitely do it.

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April 19, 2022, 04:34:54 PM
Merited by Despairo (1)
 #23

I'd think it will similar on LN implementation, they still charge additional fees to earn more profit. So if the difference isn't that huge, I will keep using mainnet since it's more convenient.

On the other hand, casinos can run their own Lightning nodes to provide the deposit/withdrawal functionality. This way, they might earn some satoshis by being a routing node. Popular services usually attract people who are willing to open and manage channels, so casinos wouldn't have to do much except opening a bunch of channel at the beginning.
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April 19, 2022, 06:11:29 PM
 #24

For crypto enthusiasm and user, the probability they're gonna use "LN" is really big.

The only problem is for regular customers or users form "NON-Crypto". As you know set-up LN is really difficult for a non-crypto members, so the chance they're gonna to use LN is really small. They are gonna use regular wallet, with just easy transaction & set-up.

If not wrong, some online casinos have "LN" wallet but are still not really successful for the use case.

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April 19, 2022, 06:28:52 PM
 #25

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
To be honest, for me personally if there are two deposit options in gambling bets between the Lightning network and the main network (Altcoin), I prefer to make a deposit using Altcoin.

Of course I have my own reasons for choosing the Altcoin network over Lightning, which is for sure I don't want to share my QR code or wallet address with other parties, flash network is automatically connected at the time of payment, another reason, lightning network including hot wallet, you must know it's about weak security, honestly I prefer to make deposits and withdrawals on gambling sites using a decentralized system.

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April 19, 2022, 08:13:17 PM
 #26

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I do not see a reason to not do this, quite honestly the only reason I use altcoins now is in fact to gamble and save myself on some fees when sending and withdrawing from the casinos I like, however if I can do so directly with bitcoin then this will save me the trouble of having those altcoins and I will be able to keep all my capital in bitcoin, which will reduce the number of wallets I am using, something that can only be a good thing for me.

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April 19, 2022, 09:18:31 PM
 #27

probably yes since it can help for speedy transactions and use directly bitcoin. I don't think we will see this feature in the next 1-2 years at least for gambling. Most of the times (likewise with kraken or other exchange) you need a KYC before use such feature...
and most of the times people use already altcoin for lower transaction fees and fast transactions.

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April 19, 2022, 10:07:27 PM
 #28


The fact that using Lightning Network will be quite a game-changer on casino experience, it won't be harmed at all if we will test the waters on using it.

Regarding speed and cost, we always want several options and not just we are limited only by using other supported altcoins with cheap fees on that casino site.

Anyways, I like to learn deeper everything about that stuff in general especially if it will be deployed on a gambling site. Can someone mention possible cons about using LN if applied to casinos, if there are any?

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April 19, 2022, 10:19:47 PM
 #29

Lightning Network provides us with an alternative for fast transaction processing over transaction bottlenecks. And I think it's pretty good if the casino implements the Lightning Network then I will use it if at that time we are going to make a Bitcoin deposit. But some of the casinos that I met only a few that use the Lightning Network. As a small gambler, I am happy to be able to support the casino, because it has made it easier for us to process transactions quickly.
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April 19, 2022, 10:25:58 PM
 #30

Lightning Network provides us with an alternative for fast transaction processing over transaction bottlenecks. And I think it's pretty good if the casino implements the Lightning Network then I will use it if at that time we are going to make a Bitcoin deposit. But some of the casinos that I met only a few that use the Lightning Network. As a small gambler, I am happy to be able to support the casino, because it has made it easier for us to process transactions quickly.

there's one casino here which has LN network but it seems that they are still not gaining much interest from the gambling community. why i said that? because their thread is not very active and if you will visit the site, nothing much you can see about their activity. i think gamblers here still prefer using the coin they are used to like btc using the native network. also, when you are dealing with LN, you should also know what youre doing, else, you won't get your funds. though there are dedicated threads in the forum discussing how LN works. but i guess, not many people are willing to learn.

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April 19, 2022, 11:09:14 PM
 #31



I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

You should set up a poll for this to get the numbers of people who wants to use the lightning network, gamblers have different opinions and preferences if there are choices why not I will use the lightning network if there is one but I also will use my favorite altcoins, casinos should cater to gamblers preference if they can offer this to their players.
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April 19, 2022, 11:37:58 PM
 #32

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Sorry but I have missed that post which you have posted four years ago. Anyway, I donot have any point not to use lightening network if the lightening network is available 9n the gambling site either that is sportsbool or that is a casino. So, I obviously use lightening network.
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April 20, 2022, 01:09:52 AM
 #33

I will use it if there's one, my preference is altcoins like Tron, Doge, or Litecoin but having a lightning network will make gamblers shift to the lightning network, I think it should be on all casinos many players will shift to Bitcoin if there's lightning network unless the casino is dedicated to their own token for deposits.

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April 20, 2022, 01:27:11 AM
 #34

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.

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April 20, 2022, 03:11:39 AM
 #35

Yeah  I love using LN if gambling sites adopted this in their networks , there are many opportunities for the cryptonians to use Lightning network .
specially those are still blind in this because the benefits of LN is there though many of us still have no understanding of how to use this as favoring the small amount transactions .
so How long will we wait for this to take place ?









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April 20, 2022, 05:47:28 AM
 #36

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Of course I will use it if it is available at the Casino where I usually play, especially if it can provide benefits such as transaction speed and the amount of deposits and withdrawals with LN can be in small amounts, but will the Casino adopt LN? LN has been around for a long time but at this point I don't know of any casinos that have adopted it.

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April 20, 2022, 05:53:51 AM
 #37

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

The current Bitcoin Core transaction fees are pretty low,so I don't think that there is a need to use LN transactions(if the casino owners ever decide to accept the Lightning Network).
Even if LN gets accepted by most crypto casinos,I don't see a reason why would anyone use LN instead of altcoins.Perhaps the hardcore Bitcoiners would choose LN transactions,but only if the Bitcoin Core on-chain transactions become really slow and expensive(which might never happen).
Why would a casino owner be interested of integrating LN payments?There are plenty of altcoins and even fiat payments.Casino owners would need a clear incentive,in order to implement LN.

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April 20, 2022, 06:13:04 AM
 #38

For crypto enthusiasm and user, the probability they're gonna use "LN" is really big.

The only problem is for regular customers or users form "NON-Crypto". As you know set-up LN is really difficult for a non-crypto members, so the chance they're gonna to use LN is really small. They are gonna use regular wallet, with just easy transaction & set-up.

If not wrong, some online casinos have "LN" wallet but are still not really successful for the use case.

Yes there are some casinos already that have LN but I am not sure whether it is successful but at least it is available on their website for users who wanted to use it, having this option is also not a bad idea since the site will be flexible in terms of deposits and withdrawals.

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April 20, 2022, 06:24:40 AM
 #39

Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.

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April 20, 2022, 07:47:34 AM
 #40

Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.

Me too and I am not sure if I can set it up correctly in my wallet or does it support it. I still uses normal transaction in Bitcoin and actually the price didn't bother me that much since it only becomes expensive when it is pumping and if that happened it is easier to choose altcoins since even at price pumping their transaction fee is still cheaper.

.
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April 20, 2022, 08:20:51 AM
 #41

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Not really. Maybe when fees were higher.

I think the fees are low enough right now for me to use BTC if I wanted to without having to use LN.

Also the adoption rates of LN is so low outside of a few niche merchants. Half or more of BTC users probably have never even used it once in their entire lives, which makes building LN infrastructure a very tall task.
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April 20, 2022, 12:04:53 PM
 #42

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

I am not very familiar about the Lightning Network. Only read about it a little from time to time, but never saw how the implementation in a casino would actually work. Could you maybe explain a little here in the thread what the advantages are over the usual casino design, and what the draw backs are? As far as I understand it the Lightning Network is a second layer over blockchain networks that helps in making smaller transaction between 2 parties without need to actually transfer funds. On paper that sounds very good, because many people trying out a new casino will not do so with large funds, but rather smaller amounts. If it is a cheap and easy way to reduce transaction cost I am wondering why it is not being implemented.

This is a good suggestion. OP can probably do this in a separate thread to explain the pros and cons of having and not having lightning network on a casino to help players decide whether to use it or not. There are several casinos already implemented this lightning network, but so far the active players count of them still remains the usual. I know it offer cheaper fees and faster process of transaction, but maybe OP could elaborate to what extent of usage it is that beneficial.

There are still few who implemented this which I believe we could enumerate easily. But this would be a good option in case a gambler wants an alternative for their transactions. Although it would be better if everyone would understand why would they need it and how they could utilize it if there would be any in the casino they currently are playing with.
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April 20, 2022, 01:31:19 PM
 #43

I'll stick with altcoins for a while and see how the Lightning Network develops in casinos that implement it.
Meanwhile, if depositing bitcoins from one wallet to another didn't cost so much and didn't take too long to get confirmed, that wouldn't be a problem for me either.
But maybe it's a good move to implement Lightning Network in casinos so that gamblers can have more wallet alternatives to make deposits.
Integrating Lightning Network is a choice that will depend on the casino's decision.

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April 20, 2022, 01:52:15 PM
 #44

I'll stick with altcoins for a while and see how the Lightning Network develops in casinos that implement it.
Meanwhile, if depositing bitcoins from one wallet to another didn't cost so much and didn't take too long to get confirmed, that wouldn't be a problem for me either.
But maybe it's a good move to implement Lightning Network in casinos so that gamblers can have more wallet alternatives to make deposits.
Integrating Lightning Network is a choice that will depend on the casino's decision.
Well, lightening is way too better than the traditional Bitcoin transaction as it gives the user the possibility of paying small fee and having their transaction speedily credited to the receiving addresses, I have tried to reach casinos that are currently using the lightning network in the casino to see how it works but most importantly we should not forget the fact that lightning network is still a new development.

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April 20, 2022, 01:58:53 PM
 #45

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

If it will provide convenience and faster transactions at lower fees then I would prefer using it because, to be honest, high fees are the common problem of most players nowadays. I believe that casino sites aren't far from offering a lightning network for their users but it will take time for development and polishment.
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April 20, 2022, 05:53:37 PM
 #46

there's one casino here which has LN network but it seems that they are still not gaining much interest from the gambling community. why i said that? because their thread is not very active and if you will visit the site, nothing much you can see about their activity. i think gamblers here still prefer using the coin they are used to like btc using the native network. also, when you are dealing with LN, you should also know what youre doing, else, you won't get your funds. though there are dedicated threads in the forum discussing how LN works. but i guess, not many people are willing to learn.
therefore so far I can only use alternative altcoins when gambling. As for Btc deposit, only once when I have more money can I buy Btc and then send it to the casino. Though to be honest I'd rather save Btc than take the risk. And only involve altcoins for every weekend visiting the casino.

In the future, LN could be an option that other casinos will include. However, in the last 2 years, the cost of sending Bitcoin is not as expensive as we think. I found a thread regarding it here https://bitcointalk.org/index.php?topic=5395085.msg59910962#msg59910962
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April 20, 2022, 06:10:07 PM
 #47

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I am definitely all in when it comes to anything that will improve the user experience in a positive way, I will definitely use it if available, as long as it is meant to improve my experience by making transactions easier, faster and safer.

But on the other hand, question still is, will casino owners be willing to integrate this into their system? I think what they would be calculating is the cost of integrating the lighting network and the benefits or profit it will bring to the casino, if the profit is lesser than the integration cost, then I highly doubt any casino owner or operator would what to walk down that road.

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April 20, 2022, 07:43:43 PM
 #48

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Which ever is offering the lowest fees, I can wait and it doesn't matter even it takes three days to receive my money as long as I know it will come. As of now I am using Bitcoin and eth for withdrawing and nothing else.
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April 20, 2022, 08:22:53 PM
 #49

Many players do not even know how a lightning network works. They may therefore not even want to use the option to gamble via lightning, I think. The most important thing is that no very high fees are charged. Nowadays you don't have to wait very long for standard bitcoin deposits. Most players are fine with depositing via bitcoin and avoid the lightning network.

.
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April 21, 2022, 06:34:30 AM
 #50

I can use it, but I prefer to use altcoins for all my everyday operations include gambling. I don't like counting tenths and hundredths of BTC when i can exchange it for several LTC(for example) and use them for gambling with the same or less commissions. BTC costs too much to use it in everyday operations for me, and it is the main reason why i don`t want to use it, regardless of the Lightning.

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April 21, 2022, 06:48:57 AM
 #51

The immediate answer is Yes! There is no reason not to use it if it is available and you are comfortable using it, I think the real issue is why it is not a standard, but there are retrograde casinos that even only accept one type of address.

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April 21, 2022, 08:15:57 AM
 #52

I'll stick with altcoins for a while and see how the Lightning Network develops in casinos that implement it.
Meanwhile, if depositing bitcoins from one wallet to another didn't cost so much and didn't take too long to get confirmed, that wouldn't be a problem for me either.
But maybe it's a good move to implement Lightning Network in casinos so that gamblers can have more wallet alternatives to make deposits.
Integrating Lightning Network is a choice that will depend on the casino's decision.
Well, lightening is way too better than the traditional Bitcoin transaction as it gives the user the possibility of paying small fee and having their transaction speedily credited to the receiving addresses, I have tried to reach casinos that are currently using the lightning network in the casino to see how it works but most importantly we should not forget the fact that lightning network is still a new development.
Yes, that's why we can wait until the development is completely final and there should be no problem using it.
Maybe as long as we wait, we can continue to use the coins we used before so that our time to bet will not be disturbed.
The existence of altcoins with low fees and fast confirmation has helped us reduce high fees.
But there will be another option to stick with bitcoin with the Lightning network.

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April 21, 2022, 08:21:54 AM
 #53

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
If there's a chance or had been widely been used or available then i would love on using it as long it would be offering cheaper fees then it would be a good option but since fees nowadays are almost free or too cheap
then i dont see that people would be using this one and for now we are seeing that not all are using LN but i have seen some integrated this payment method but i do know its still on development?
Or something that have still some adjustments or some sort? correct me if im wrong.

R


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April 21, 2022, 08:25:39 AM
 #54

Of course, I'm sure many people will take advantage of this lightning network. as long as it is also facilitated by the casino website. I have rarely seen the lightning network, if it was used, it would certainly be very easy for those who want to solve the expensive solution for bitcoin transactions along with maximum transaction speeds. even so, there will still be people who choose to use regular altcoins because they feel comfortable and feel it is an easier part of playing casinos, such as dogecoin and tron.
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April 21, 2022, 08:37:39 AM
 #55

Of course, I'm sure many people will take advantage of this lightning network. as long as it is also facilitated by the casino website. I have rarely seen the lightning network, if it was used, it would certainly be very easy for those who want to solve the expensive solution for bitcoin transactions along with maximum transaction speeds. even so, there will still be people who choose to use regular altcoins because they feel comfortable and feel it is an easier part of playing casinos, such as dogecoin and tron.
Definitely, lighting network is a great technology for instant and practically free transfers with very low commissions.  This technology has received a new impetus for development in 2021 since the legalization of bitcoin in El Salvador in September.  In this country, they began to use the Chivo wallet, which has this function.  Unfortunately, I have not yet heard about the next steps for the mass use of Lighting Network, but as far as I know, work on its promotion is still underway, although not actively enough.  
But it is clear that the application in the gambling sector is very promising and I would like it to go more actively.

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April 21, 2022, 08:57:49 AM
 #56

That depends on what situation the crypto is in. As of now, the transaction fee is cheap or almost free if you ask me and there are altcoins that have very low fee so, if you ask me right now if I will use lightning network then my answer is no but if the transaction fee right now is very high then yes, I will surely use lightning network to have fast transactions and low fees. Who wouldn't want a high transaction fee if you don't have lots of money?

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April 21, 2022, 09:10:12 AM
 #57

Yes, not a problem. Just like how bitcoin has grown throughout the years with the help of casinos as well. Lightning Network will also be known if through them upon acceptance and support of it.
But the demand can't be controlled, as long as it's there and many casinos do have it because they're seeing that it's gaining traction then that's what it should be.

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April 21, 2022, 09:44:29 AM
 #58

That depends on what situation the crypto is in. As of now, the transaction fee is cheap or almost free if you ask me and there are altcoins that have very low fee so, if you ask me right now if I will use lightning network then my answer is no but if the transaction fee right now is very high then yes, I will surely use lightning network to have fast transactions and low fees. Who wouldn't want a high transaction fee if you don't have lots of money?

You are actually making a very valid point.... some casinos like Freebitco.in and Stake.com have original games where you can gamble with a few Satoshi... and it simply does not make sense to pay say $5 in fees for a Legacy Bitcoin transaction... if you want to gamble for fun with very low bets.

I can see a situation where small gamblers will want to use the Lightning Network to save on fees.. so that they could do these micro betting with a few Satoshi.  Wink

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April 21, 2022, 09:56:06 AM
 #59

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
If it is available in my premium sites? sure I will love using LN for my gambling adventure .

there are ways when we need to use faster and cheaper in fees and Lightning Network allows us to have both.

Yes, not a problem. Just like how bitcoin has grown throughout the years with the help of casinos as well. Lightning Network will also be known if through them upon acceptance and support of it.
But the demand can't be controlled, as long as it's there and many casinos do have it because they're seeing that it's gaining traction then that's what it should be.
That's why i am seeking of Where will be the first gambling site to implement this LN using.
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April 21, 2022, 10:13:43 AM
 #60

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

If it will provide convenience and faster transactions at lower fees then I would prefer using it because, to be honest, high fees are the common problem of most players nowadays. I believe that casino sites aren't far from offering a lightning network for their users but it will take time for development and polishment.
Lightning Network is fast and lower in fees , this is why there are many users of LN nowadays though it is Only small transaction in advantage  that's why until now it is not that well used .
but if Only the whole community be aware? for sure there will be more and more to use this and the casinos surely adopted this long time ago.
Yes, not a problem. Just like how bitcoin has grown throughout the years with the help of casinos as well. Lightning Network will also be known if through them upon acceptance and support of it.
But the demand can't be controlled, as long as it's there and many casinos do have it because they're seeing that it's gaining traction then that's what it should be.
Lightning network must be spread , this must be used by many to prove what is the advantage and what can be the help to small crypto users.

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April 21, 2022, 10:22:14 AM
 #61

That's why i am seeking of Where will be the first gambling site to implement this LN using.

There's already a lot of gambling site that supports LN you can check them but they are not big of a deal that's why it is not that big of a deal to have LN since most of the users did not use it and still use the normal transaction of Bitcoin.

.
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April 21, 2022, 10:22:34 AM
 #62

This one is actually pretty straightforward for me. Sure, I will use it occasionally if I have the incentive. However, I don't think everyone would agree that LN is really necessary for casinos to become more user friendly. Some gamblers invest a substantial amount of money for their "entertainment", so the transaction costs of the Bitcoin network are not a huge concern under the current circumstances.

Depending on the situation, I can see potential for Lightning being used for a lot more than gambling, and will likely see it implemented in many applications in the future. But for now, using the mainnet is still more convenient for the end user.

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April 21, 2022, 11:34:36 AM
 #63

That depends on what situation the crypto is in. As of now, the transaction fee is cheap or almost free if you ask me and there are altcoins that have very low fee so, if you ask me right now if I will use lightning network then my answer is no but if the transaction fee right now is very high then yes, I will surely use lightning network to have fast transactions and low fees. Who wouldn't want a high transaction fee if you don't have lots of money?
If the transaction fee is still very low, I think the use of the lightning network is not really needed because normal transactions can still handle it. And what you say is true that using altcoins that have very low fees can already reduce the costs that we have to spend. So, in this case, as long as the fees we incur are not too high, I don't want to try the lightning network yet, maybe someday and hopefully, the current transaction fees won't go up high in the future.

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April 21, 2022, 11:42:13 AM
 #64

This one is actually pretty straightforward for me. Sure, I will use it occasionally if I have the incentive. However, I don't think everyone would agree that LN is really necessary for casinos to become more user friendly. Some gamblers invest a substantial amount of money for their "entertainment", so the transaction costs of the Bitcoin network are not a huge concern under the current circumstances.

Depending on the situation, I can see potential for Lightning being used for a lot more than gambling, and will likely see it implemented in many applications in the future. But for now, using the mainnet is still more convenient for the end user.


I agree with this I am sure users wasn't really that concern about the fee since they have money to sustain their gambling hobby and I think the fee right now is not that expensive and it is not all the time that it is expensive but it is better to have the Lighting Network available if possibile since some users may really don't have budget or limited budget for their gambling and this LN could be really useful.

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April 21, 2022, 12:52:39 PM
 #65

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

I guess the majority of members here in Bitcointalk will choose Lightning network if there's an option and why not gamblers prefer casinos with a lot of options to deposit I seldom use Bitcoin I prefer altcoins I'm holding my Bitcoin for the next halving but  I'm ready to use the lightning network if there's an opportunity to use and besides its additional attraction for casinos with a lightning network.

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April 21, 2022, 01:04:11 PM
 #66

I wouldn't use the lightning network even if it were available since I have gotten used to using BTC and other popular altcoins and I never faced any major issues with them so far.

Many crypto gambling sites that I gamble in don't charge deposit and withdrawal fees and the TX speeds are pretty fast. I know that the lightning network transactions are faster and cheaper in comparison, but I am not really interested in it.

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April 21, 2022, 01:31:15 PM
 #67

I wouldn't use the lightning network even if it were available since I have gotten used to using BTC and other popular altcoins and I never faced any major issues with them so far.

Many crypto gambling sites that I gamble in don't charge deposit and withdrawal fees and the TX speeds are pretty fast. I know that the lightning network transactions are faster and cheaper in comparison, but I am not really interested in it.

That's right, me too I get used in using the mainnet BTC and using other coins as an alternative if the fees become expensive and I am not yet familiar with LN and that's why I am not comfortable using it in doing trasactions.

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April 21, 2022, 09:06:42 PM
 #68

I think that some casinos that offer provable fair betting can greatly benefit from the Lighting Network. It is basic rule of the business - even if only 10% of the people that uses you site or casino can benefit or wishes to use the LN is a really must have or else the site will be spending money in marketing to that people that eventually do not join or join other sites because they do not feel correctly served.

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April 21, 2022, 09:51:44 PM
 #69

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Apparently there are no real difference when you would use a Lightning Network or an Altcoin that has fast transaction speed regardless of how many confirmation it uses. Nevertheless, some gambling platforms (even those that were popular in the forum) doesn't use lightning network as XRP and other coins already offers fast transactions (some were approx less than 3mins afaik). Plus, having a lightning network should also require the platform to have their own LN client and not everyone are fond of using LN. (btc they receive from LN should only came from another LN -- which in some cases most mainstream crypto wallets doesnt support as well, hence kinda unnecessary)

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April 21, 2022, 09:55:49 PM
 #70

I think I wouldn’t use lightening network even if they were available because I don't need fund on casino regularly. It’s like, I deposit and play for few weeks, sometime even a month. Also, there are alts through which we can deposit for almost free.

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April 21, 2022, 10:09:44 PM
 #71

Not a thing or two for me. Whichever is available on my load, that's what I'm going to use as a bankroll but this isn't a thing for me, the more available crypto, the better.
There are casinos that have already did the first step of doing this so I think, not a big thing anymore if the rest starts to add LN to their deposits and withdrawals.



 

 

 

 

 

 


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April 21, 2022, 10:31:42 PM
 #72

~snip~
There are casinos that have already did the first step of doing this so I think, not a big thing anymore if the rest starts to add LN to their deposits and withdrawals.
^That's right, LN is not a big deal anymore and I don't think the casino will support this LN because it seems through transaction gambling casinos also have a benefit on it. As we can see gambling operators have their own transaction fee which I think they also earn on it and even though a gambling casino that has a free withdrawal did not even use this LN. Probably because LN transaction is good for bulk transactions only which is not good in many gambling platforms because it has an only individual transactions.
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April 21, 2022, 10:41:30 PM
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 #73

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Lets put up some sites that do accept LN payment.

https://betplay.io/en/
https://thunderpick.com/
https://simpledice.com/
https://luckydice.com/

Havent tried or tested if it does work smoothly but its good that there are platforms who do make use of it.

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April 21, 2022, 11:21:31 PM
 #74

Sure I will and I even invite everyone to use it not just because the transactions are faster and have lower fees but also because using the lightning network helps the bitcoin network as a whole by reducing the number of on-chain transactions which will result on lower fees.
I use nothing but bitcoin so if the network is congested (high fees + slow confirmation) and the casino does not accept zero-confirmation transactions, lightning payments are the best option for me.

Besides, using LN isn't as complicated as it used to be in the past and most reputable wallets support it. So, there is really no reason not to use it.

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April 21, 2022, 11:31:52 PM
 #75

That's why i am seeking of Where will be the first gambling site to implement this LN using.

There's already a lot of gambling site that supports LN you can check them but they are not big of a deal that's why it is not that big of a deal to have LN since most of the users did not use it and still use the normal transaction of Bitcoin.
This is what i had observed too on where people do keep or retain on making use of casual Bitcoin payment transaction rather than on using LN.We know that LN do
solves out scability and fee issue but it seems the network isnt really showing off that kind of problem thats why people arent minding about it but for sure
when market tends to clogged and affect fees once again then LN discussion would surfaced out once again.

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April 22, 2022, 05:28:50 AM
 #76

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Lets put up some sites that do accept LN payment.

https://betplay.io/en/
https://thunderpick.com/
https://simpledice.com/
https://luckydice.com/

Havent tried or tested if it does work smoothly but its good that there are platforms who do make use of it.


I'll register to one of them, and try it through simple steps anyone can do using BlueWallet, a mobile app. I hope I win so we can see how withdrawals work. Plus another problem for regular Lightning users is converting their coins offchain to onchain. They need use a service like, https://zigzag.io/#/ which requires the user to pay more fees. I believe those casinos/gambling sites should give a choice for both offchain and onchain withdrawals even if the deposit was offchain.

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April 22, 2022, 05:46:09 AM
 #77

I would love to use Lightning at my favorite casinos but none of them offer it,,, even though have been asked before. To be fair however,,, there has not been a real need to use it recently as I can recall unlike 2018-2019 when there was such a pain waiting for confirmations. These days I deposit and you see it pretty much one block later, and only for 2/3 satoshi per byte fee which honestly is a few cents (and even that is overpaying a bit).

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April 22, 2022, 06:41:50 AM
 #78

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Lets put up some sites that do accept LN payment.

https://betplay.io/en/
https://thunderpick.com/
https://simpledice.com/
https://luckydice.com/

Havent tried or tested if it does work smoothly but its good that there are platforms who do make use of it.
Unfortunately, not too many gambling sites use LN yet.  This list just reminds me of some kind of experimental testing of LN for the cryptocurrency gambling industry, and not regular use as it happens for other cryptocurrencies.  It is possible that there are not too many users yet due to additional manipulations with the wallet and some complication.  Perhaps most players are just too lazy to understand LN? 
And this is disappointing because you can play with LN with a very small amount of Satoshi.  And this is important for countries where the level of income of the population and the general standard of living are low compared to European countries.

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April 22, 2022, 06:50:08 AM
 #79

I wouldn't. Transactions on the main chain of bitcoin hasn't been sluggish lately, and that suits my needs so far. Not always in a hurry to withdraw, and whenever I do, I don't even remember that I initiated one until I receive the notification that I already have the funds in my wallet. If it's way cheaper then perhaps I might consider it, but I doubt that since it adds another layer to the transaction, and those who created that layer will ask more, on top of that the fee that the casino charges.

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April 22, 2022, 07:25:04 AM
 #80

The people who don't know about Lightning Network.For them
"The Lightning Network is a "layer 2" payment protocol layered on top of a blockchain-based cryptocurrency such as bitcoin or litecoin. It is intended to enable fast transactions among participating nodes and has been proposed as a solution to the bitcoin scalability problem. Source:Wikipedia"
If there is no option without Lighting Network then I will use them . Otherwise there are more option I mean there is lot of alternative coin who give low transaction fees.


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April 22, 2022, 07:32:29 AM
 #81

Especially to the casino that doesn't need a username but only a BTC address, I would prefer it to be using LN for cheap transaction. I don't see these type of casino often but we have seen them exist in the early days of Bitcoin.

Maybe those new binary option that will use LN will gain trust. Many of us are already using wallets with LN integration its an advantage to them.

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April 22, 2022, 09:42:59 AM
 #82

I am not sure what casino owners think about the lightning networks. But, If they implement it, They also have to keep the main network on. Because only a few percent of players will understand what is lightning network and how to use it. But, yeah. If the platform implements the lightning network that I am using, I will use the lightning network since it's fast and cheap.

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April 22, 2022, 11:38:54 AM
 #83

Especially to the casino that doesn't need a username but only a BTC address, I would prefer it to be using LN for cheap transaction. I don't see these type of casino often but we have seen them exist in the early days of Bitcoin.

Maybe those new binary option that will use LN will gain trust. Many of us are already using wallets with LN integration its an advantage to them.
If the fees are not too high, I think only a few people will use LN and the rest will stick to using the usual way to deposit their money.
We know that these casinos are not much applied LN but it could solve the matter for those who want to use LN.
Besides that, I see that in some casinos, they already applied BTC based on the BSC network to prevent paying the high fees when they want to withdraw their money.
Using BTC based BSC network has fast confirmations.
Maybe it is faster than a regular transaction.

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April 22, 2022, 11:53:16 AM
 #84

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

As someone who loves Bitcoin, and who regularly plays with Bitcoins, not only plays but also deposits and withdraws with Bitcoins, for them using lightning network will be beneficial.
And guess what I belong to the above mentioned group.
So yes if there will be any option to choose, then i will go definitely for the lighting network.
Cmon guys who don’t like cheaper fees and quick transactions?
I really want all the big casinos to integrate this As soon as possible.

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April 22, 2022, 12:06:34 PM
 #85

I don't play and deposit regularly, so opening and maintaining a payment channel with a casino is not something that attracts me personally. But it is an excellent option for hardcore gamblers and those who make multiple deposits and withdrawals daily or weekly. Instead of using the mainchain and paying the regular fees every single time, you can save a great deal on fees if you only have to carry out two on-chain transactions a week instead of 10, for example.

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April 22, 2022, 12:20:19 PM
 #86

I don't play and deposit regularly, so opening and maintaining a payment channel with a casino is not something that attracts me personally. But it is an excellent option for hardcore gamblers and those who make multiple deposits and withdrawals daily or weekly. Instead of using the mainchain and paying the regular fees every single time, you can save a great deal on fees if you only have to carry out two on-chain transactions a week instead of 10, for example.

Yes it is suitable for users who are depositing and withdrawing multiple times a day or a week since they could really save a lot of transaction fees from that but it would be nice to have lighting network in the gambling site readily available for such users.

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April 22, 2022, 02:47:39 PM
 #87

I don't think so this is that much necessary for me where there is already available others altcoin who provide us low fee . Even then , lots of professional gambler used it for their gambling .Even so , this is not much import for me in gambling.


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April 22, 2022, 02:51:54 PM
 #88

I don't play and deposit regularly, so opening and maintaining a payment channel with a casino is not something that attracts me personally.

The question is for regular casino players actually, but you have a point that the regular players would save a great deal in terms of fees and it will be faster transaction rather than the main net transaction.

.
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April 22, 2022, 03:48:32 PM
 #89

I wouldn't and I will only use altcoins if the transaction fee gets expensive but if the altcoin transactions became expensive too then I would consider using LN, fist I am not really comforatable and familiar using Lighting network though it would be nice to test it out too just for experimentation.

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April 22, 2022, 09:31:58 PM
 #90

This one is actually pretty straightforward for me. Sure, I will use it occasionally if I have the incentive. However, I don't think everyone would agree that LN is really necessary for casinos to become more user friendly. Some gamblers invest a substantial amount of money for their "entertainment", so the transaction costs of the Bitcoin network are not a huge concern under the current circumstances.

Depending on the situation, I can see potential for Lightning being used for a lot more than gambling, and will likely see it implemented in many applications in the future. But for now, using the mainnet is still more convenient for the end user.
I agree with this I am sure users wasn't really that concern about the fee since they have money to sustain their gambling hobby and I think the fee right now is not that expensive and it is not all the time that it is expensive but it is better to have the Lighting Network available if possibile since some users may really don't have budget or limited budget for their gambling and this LN could be really useful.
Of course they are because not all gamblers are big gamblers but there are also small gamblers. This is why many casinos have altcoins on them because they also know this fact and it was also suggested by them. They can add LN too on their existing list because I believe that there are people that owns this coin and will be happy to use it on gambling. The advantage of using LN is its fees are super cheap and transfers are lightning fast, well I think that one is obvious.

It won't be named or called lightning network for no reason. With that said, I still wonder why no mainstream casinos supports this coin, what's the problem? I'd be happy if their representatives reply here and state their reason.

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April 22, 2022, 11:12:45 PM
 #91

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

This kind of development in the online gambling setting would be a privilege and a luxury if they can provide given that lightning network has a faster transaction speed and the fees are relatively low compared to BTC's method. The only problem with this is that, it may be expensive on the side of the online gambling platform owner, which is something that we do not see quite often.

Lightning Network was created in order to address the scalability problem of BTC. As far as I know, LTC uses lightning network but it was just expensive to maintain and use at the same time. Hopefully gambling owners can integrate this luxury for faster transaction speed but this won't make or break a gambling website if they do not have it.

R


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April 22, 2022, 11:29:29 PM
 #92

Unfortunately, not too many gambling sites use LN yet.  This list just reminds me of some kind of experimental testing of LN for the cryptocurrency gambling industry, and not regular use as it happens for other cryptocurrencies.  It is possible that there are not too many users yet due to additional manipulations with the wallet and some complication.  Perhaps most players are just too lazy to understand LN? 
And this is disappointing because you can play with LN with a very small amount of Satoshi.  And this is important for countries where the level of income of the population and the general standard of living are low compared to European countries.
Lets just accept the fact that not all would really be in level in terms of financial capability on which there  would be still people who might really make use of LN
just to save up some fees and do able to gamble with least amount as possible on where they might be seeing this to be useful considering that most  casinos
nowadays does have that minimum deposit and withdrawal which might be more than on what they could afford.I dont see for it to be experimental
since there are already platforms who had been using this one.

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April 22, 2022, 11:47:54 PM
 #93

~snip~
There are casinos that have already did the first step of doing this so I think, not a big thing anymore if the rest starts to add LN to their deposits and withdrawals.
^That's right, LN is not a big deal anymore and I don't think the casino will support this LN because it seems through transaction gambling casinos also have a benefit on it. As we can see gambling operators have their own transaction fee which I think they also earn on it and even though a gambling casino that has a free withdrawal did not even use this LN. Probably because LN transaction is good for bulk transactions only which is not good in many gambling platforms because it has an only individual transactions.
That could be part of the reason why they still don't have it. But it's also possible that they just don't want it to adopt.
So it goes like that, whoever adopts it then they should put it and add it to the payment method and supported crypto. And the rest, if they don't like it then there's no need to pressure them.



 

 

 

 

 

 


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April 22, 2022, 11:57:29 PM
 #94

~snip~
There are casinos that have already did the first step of doing this so I think, not a big thing anymore if the rest starts to add LN to their deposits and withdrawals.
^That's right, LN is not a big deal anymore and I don't think the casino will support this LN because it seems through transaction gambling casinos also have a benefit on it. As we can see gambling operators have their own transaction fee which I think they also earn on it and even though a gambling casino that has a free withdrawal did not even use this LN. Probably because LN transaction is good for bulk transactions only which is not good in many gambling platforms because it has an only individual transactions.
That could be part of the reason why they still don't have it. But it's also possible that they just don't want it to adopt.
So it goes like that, whoever adopts it then they should put it and add it to the payment method and supported crypto. And the rest, if they don't like it then there's no need to pressure them.

Let us take into account that some casinos are really earning from the transaction fees. So if they will integrate LN, they would have less revenue for fees. But it is up to the casino itself. If they feel they can get more players by using LN, they will do it. But so far, very few has LN option in their payment method. It means, these casinos are not seeing the demand for this payment option.
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April 23, 2022, 03:34:22 AM
 #95

Especially to the casino that doesn't need a username but only a BTC address, I would prefer it to be using LN for cheap transaction. I don't see these type of casino often but we have seen them exist in the early days of Bitcoin.

Maybe those new binary option that will use LN will gain trust. Many of us are already using wallets with LN integration its an advantage to them.
The simple reason? crypto users aren't aware of the existence of LN , lets admit the fact that very few crypto users have knowledge what is Lightning Network and what this can benefits its users.
this same reason why Casino Owners does not added this to their process because of lack in demand,
added also that some casino are gaining from the Fees in which LN will take effect as safest and cheapest transaction fee to use.









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April 23, 2022, 03:42:42 AM
 #96

Yes I would use Lightning Network as option for deposits and withdrawal.
This could save on fees and I think it would be better for privacy if I could deposit bitcoin and withdraw lightning bitcoin and this could save fees.

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April 23, 2022, 12:43:07 PM
 #97

Yes I would use Lightning Network as option for deposits and withdrawal.
This could save on fees and I think it would be better for privacy if I could deposit bitcoin and withdraw lightning bitcoin and this could save fees.

You mean depositing with normal transaction and withdrawal using lighting network? would that increase more privacy? If yes then I think that could be a good way to have a privacy with lighting network since it would be cheap and fast transaction.

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April 23, 2022, 09:44:58 PM
 #98

Yes I would use Lightning Network as option for deposits and withdrawal.
This could save on fees and I think it would be better for privacy if I could deposit bitcoin and withdraw lightning bitcoin and this could save fees.

You mean depositing with normal transaction and withdrawal using lighting network? would that increase more privacy? If yes then I think that could be a good way to have a privacy with lighting network since it would be cheap and fast transaction.

As far as I know, there is casino in the forum offering LN but still, they haven't attracted much interest. So I am thinking even with LN payment method, still, you have no assurance of attracting these gamblers. Maybe, it is because not very many are familiar on how to transact with LN, so they are just sticking to the regular BTC network, which you can also found in exchanges, if in case your funds are coming from these trading platforms.
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April 23, 2022, 09:54:35 PM
 #99

That could be part of the reason why they still don't have it. But it's also possible that they just don't want it to adopt.
So it goes like that, whoever adopts it then they should put it and add it to the payment method and supported crypto. And the rest, if they don't like it then there's no need to pressure them.

Let us take into account that some casinos are really earning from the transaction fees. So if they will integrate LN, they would have less revenue for fees. But it is up to the casino itself. If they feel they can get more players by using LN, they will do it. But so far, very few has LN option in their payment method. It means, these casinos are not seeing the demand for this payment option.
The withdrawal fees are just a counter part but they're not focused into it. Where they are earning most are with the gamblers deposits and when they gamble with those.
Yeah, it's up to them and if they'll give consideration of giving their customers the idea that LN is cheaper and faster. It's kind of them if they consider that.



 

 

 

 

 

 


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April 23, 2022, 10:43:23 PM
 #100

I still wonder why no mainstream casinos supports this coin, what's the problem? I'd be happy if their representatives reply here and state their reason.
I think you are confusing the lightning network with something else. The lightning network is not a coin, it's a second layer protocol that works on top of the main bitcoin protocol. When you make a lightning payment, you are basically sending bitcoins not some other coin. Since a second layer solution, the transactions are made off-chain meaning that they will not be recorded on the main blockchain. Hence the fast payments an the low fees and most importantly (which many users neglected) the possibility to send tiny amounts.

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April 23, 2022, 11:01:02 PM
 #101

You mean depositing with normal transaction and withdrawal using lighting network? would that increase more privacy? If yes then I think that could be a good way to have a privacy with lighting network since it would be cheap and fast transaction.
Not so fast there. If the casino require KYC and then you use lightning to withdraw and/or deposit, probably they now will have a record of the list of address where and from your coins came and go so it's just still the same on the normal transactions IMO.

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April 23, 2022, 11:53:40 PM
 #102

I still wonder why no mainstream casinos supports this coin, what's the problem? I'd be happy if their representatives reply here and state their reason.
I think you are confusing the lightning network with something else. The lightning network is not a coin, it's a second layer protocol that works on top of the main bitcoin protocol. When you make a lightning payment, you are basically sending bitcoins not some other coin. Since a second layer solution, the transactions are made off-chain meaning that they will not be recorded on the main blockchain. Hence the fast payments an the low fees and most importantly (which many users neglected) the possibility to send tiny amounts.

That's what makes it attractive to users and I support its usage players wants to use Bitcoin to play right away but normal transactions will not let them do it, with the Lightning network they can play within minutes and they don't have to use altcoins as an alternative, this Lightning network is specifically for those who loves to play with Bitcoin, majority of us are ok with it.


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April 24, 2022, 01:33:43 AM
 #103

You mean depositing with normal transaction and withdrawal using lighting network? would that increase more privacy? If yes then I think that could be a good way to have a privacy with lighting network since it would be cheap and fast transaction.
Not so fast there. If the casino require KYC and then you use lightning to withdraw and/or deposit, probably they now will have a record of the list of address where and from your coins came and go so it's just still the same on the normal transactions IMO.


Then I think sticking with the normal transaction would be alright too, I wonder how many people here do use LN to deposit or withdraw in a gambling site. I think you are right even if there is a privacy with the LN I'm sure that most of the gambling site have their logs of the addresses.

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April 24, 2022, 02:59:46 AM
 #104

Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I often use Bitcoin when I gamble, so if using LN has an advantage for being fast and has cheaper fees then its a good thing for the gamblers who dont like to wait longer and pay a high fees.

But is there a casino where you can use LN for deposit/withdrawal?

Well anyway, even casinos doesnt implement LN, alts are there that we can choose for deposit/withdrawal for our own convenience.

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April 24, 2022, 04:34:11 AM
 #105

But is there a casino where you can use LN for deposit/withdrawal?

If you are going to read back a little bit I am going to quote it from Hamphser.

Lets put up some sites that do accept LN payment.

https://betplay.io/en/
https://thunderpick.com/
https://simpledice.com/
https://luckydice.com/

Havent tried or tested if it does work smoothly but its good that there are platforms who do make use of it.

There's already some sites that offers LN but they don't get too much attention or attraction to players since it's not big of a deal not unless you deposit and withdraw multiple times a day or using low deposit repeatedly.

.
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April 24, 2022, 06:28:27 PM
 #106

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Honestly, I've never used or transacted with the lightning network, so I don't know what the advantages are over the regular btc network, but with my curiosity, I will definitely try a gambling site that provides a lighting network. btw, I also heard that the fee charged was very cheap and the transaction speed was extremely fast.

R


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April 25, 2022, 09:54:24 AM
 #107

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Lightning network? This is complex for me to handle please.
I think lightening network has it own flux and I don't think I could handle that myself with those procedures that are quite self weakening to me. I think I will rather use normal bitcoin network not minding the network fee that is attached to be more safe. I can also make use of altcoins like usdt or other stable coins that have no volatility. Lightening network is not my thing at all.

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April 25, 2022, 10:15:58 AM
 #108

<snip>
I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
If the use of Lightning network is secure, much faster, and cheaper, why not? As a customer, I personally choose those methods which I has more advantages over the other options. So if lightning network beat the others in terms of my preference, I would use it. But if not I will stick on bitcoin or an altcoin which I am using before until now.

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April 25, 2022, 12:06:28 PM
 #109

<snip>
I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
If the use of Lightning network is secure, much faster, and cheaper, why not? As a customer, I personally choose those methods which I has more advantages over the other options. So if lightning network beat the others in terms of my preference, I would use it. But if not I will stick on bitcoin or an altcoin which I am using before until now.
The casino will make sure that the Lightning Network will be secure, much faster and cheaper in terms of cost so that users can experience the benefits of using that network. But as long as the Bitcoin network we're using doesn't charge high fees, I don't think the Lightning Network needs to be integrated into the casino. But casinos can also try to integrate Lightning Network into place and ask its members for ratings after using it.

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April 27, 2022, 02:56:47 AM
 #110

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

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April 27, 2022, 04:07:25 AM
 #111

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

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April 27, 2022, 11:32:52 AM
 #112

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.

.
..1xBit.com   Super Six..
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April 28, 2022, 08:02:58 AM
 #113


Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.
Here in these two posts you, dear colleagues, write mutually exclusive information..  Smiley
So, there are really working casinos where payment via LN is provided?  The LN technology itself, essentially the second level, is in great demand and will obviously be developed.  But if someone has already used LN or uses it in some casino where there is such an opportunity, then please write here in the topic what kind of casino it is. 
Or maybe there are several?

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April 28, 2022, 12:31:41 PM
 #114

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.
Maybe the casino that uses the Lightning Network is not as popular as the coins already available at the casino because many gamblers have already used low-cost coins in gambling.
Maybe in the future, if the transaction fees of those coins start to climb higher, new gamblers will switch to the Lightning Network.
But whatever it is, whether it's the Lightning Network or low-cost coins, gamblers will look for and choose coins that don't require high transaction fees.
Meanwhile, I still like to use bitcoin as usual and use altcoins such as Litecoin, Dogecoin, and TRX because the costs themselves are not large.

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April 28, 2022, 01:16:25 PM
 #115

Lightning Network I have not found much in the casinos I have used so far, maybe not fully implemented in every casino. However, at this time Bitcoin does not cost too much for each we send. In fact, for almost a year now I have not had a serious problem with almost $0.7 fees when making deposits or withdrawals from the casino. To be honest, LN has a very good goal where they want to shorten the transaction faster and cheaper especially on small payments can be a good alternative if the casino implements LN.
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April 28, 2022, 01:57:22 PM
 #116

Lightning Network I have not found much in the casinos I have used so far, maybe not fully implemented in every casino. However, at this time Bitcoin does not cost too much for each we send. In fact, for almost a year now I have not had a serious problem with almost $0.7 fees when making deposits or withdrawals from the casino. To be honest, LN has a very good goal where they want to shorten the transaction faster and cheaper especially on small payments can be a good alternative if the casino implements LN.

Actually you can achieve that through other cryptocurrency or altcoin, I think the LN would only be effective for a gambling site that only offers Bitcoin and Ethereum since sometimes Ethereum transaction cost a lot too and LN could be the only option to make the cheaper and faster if the blockchain is congested or too many transactions in queue.

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April 29, 2022, 07:17:29 AM
 #117

Lightning Network I have not found much in the casinos I have used so far, maybe not fully implemented in every casino. However, at this time Bitcoin does not cost too much for each we send. In fact, for almost a year now I have not had a serious problem with almost $0.7 fees when making deposits or withdrawals from the casino. To be honest, LN has a very good goal where they want to shorten the transaction faster and cheaper especially on small payments can be a good alternative if the casino implements LN.

Actually you can achieve that through other cryptocurrency or altcoin, I think the LN would only be effective for a gambling site that only offers Bitcoin and Ethereum since sometimes Ethereum transaction cost a lot too and LN could be the only option to make the cheaper and faster if the blockchain is congested or too many transactions in queue.
Most likely, all the same, online crypto casinos will gradually add the ability to use bitcoin through LN. 
I think that the experience of the El Salvadoran authorities and their President Bukele, who provided payment through LN in their official Chivo public wallet, can serve as an example here.  And this is perhaps the only solution when it comes to bitcoin payments for small amounts, such as paying for a cup of coffee or a hamburger.  And, for example, residents of El Salvador who want to gamble would be very convenient to place bets in a casino where there is an option with LN. 

So after all, will anyone give at least some example of a casino with LN? Smiley

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April 29, 2022, 08:15:33 AM
 #118

6 pages of replies and I think it can be summarized that there are 2 main reasons why it is rare to see casinos implementing Lightning network. First is about the number of players who familiar with lightning is still very low and second reason is that casinos wont be able to make additional income from "fee". As a player, I myself not that familiar with lightning network so I will stay with I used to use. If the main idea is to avoid transaction fee, I'll choose to gamble with coins that has cheap transaction fee.

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April 29, 2022, 09:21:02 AM
 #119

Many people use this kind of network to have a fast and lessen the transaction fees. I guess OP already makes an answer to the statement of other members. We know who the transactions because burden if there's a lot of people commit transactions, and of course, most the gambling platform would like their users makes it convenient for them when they making a withdrawals we know people's patience in terms of money matters.

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April 29, 2022, 10:15:52 AM
 #120

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.
Well I am a gambler and had played in various casino sites but never that encountered any that offered LN as option .

So if you are really a gambler and understand what you are talking? then you may share those casino sites that you know who has LN in effect?

waiting for your sharing here .

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April 29, 2022, 10:38:37 AM
 #121

Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I often use Bitcoin when I gamble, so if using LN has an advantage for being fast and has cheaper fees then its a good thing for the gamblers who dont like to wait longer and pay a high fees.

It's very convenient for those who deposit and withdraw with Bitcoin, there are always issues when withdrawing because of the delay because of the congestion in the chain, and who would not want to transact with lower fees, I seldom use Bitcoin because the other alternatives are good like Dogecoin, Tron, and BSC but for casinos where the only option is Bitcoin then Lightning network will serve the players better.

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April 29, 2022, 12:00:40 PM
 #122

I am not sure what casino owners think about the lightning networks. But, If they implement it, They also have to keep the main network on. Because only a few percent of players will understand what is lightning network and how to use it. But, yeah. If the platform implements the lightning network that I am using, I will use the lightning network since it's fast and cheap.
I don't think the lightening network is generally accepted by everyone because not everybody understand the concept of it although there are claims that it helps to reduce the network free and makes transactions faster than normal. The lightening network will limited gamblers maybe casinos owners in knowing the actual portfolio they have cause the transactions that are used through lightening network do not go to the wallet directly.

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April 29, 2022, 12:16:27 PM
 #123

I am not sure what casino owners think about the lightning networks. But, If they implement it, They also have to keep the main network on. Because only a few percent of players will understand what is lightning network and how to use it. But, yeah. If the platform implements the lightning network that I am using, I will use the lightning network since it's fast and cheap.
I don't think the lightening network is generally accepted by everyone because not everybody understand the concept of it although there are claims that it helps to reduce the network free and makes transactions faster than normal. The lightening network will limited gamblers maybe casinos owners in knowing the actual portfolio they have cause the transactions that are used through lightening network do not go to the wallet directly.

I think that the fact that people do not fully understand the underlying technology, the use itself as user is not that difficult. Just take example of the regular bitcoin network - it is a very complex system with economic, software, hardware and many other sub-systems logical ans physical involved, and yet making a transaction is as easy as a couple of clicks. Complexity is not much of a problem.

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April 29, 2022, 12:23:13 PM
 #124

I am not sure what casino owners think about the lightning networks. But, If they implement it, They also have to keep the main network on. Because only a few percent of players will understand what is lightning network and how to use it. But, yeah. If the platform implements the lightning network that I am using, I will use the lightning network since it's fast and cheap.
I don't think the lightening network is generally accepted by everyone because not everybody understand the concept of it although there are claims that it helps to reduce the network free and makes transactions faster than normal. The lightening network will limited gamblers maybe casinos owners in knowing the actual portfolio they have cause the transactions that are used through lightening network do not go to the wallet directly.

I think that the fact that people do not fully understand the underlying technology, the use itself as user is not that difficult. Just take example of the regular bitcoin network - it is a very complex system with economic, software, hardware and many other sub-systems logical ans physical involved, and yet making a transaction is as easy as a couple of clicks. Complexity is not much of a problem.

Yes it is not that hard after some experimentations with small amount and reading article or youtube online you will easily understand how it works and you have to try it by yourself but I think many people doesn't have time to test it that's why until now they are still afraid of using the lighting network.

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April 29, 2022, 03:07:58 PM
 #125

I am not sure what casino owners think about the lightning networks. But, If they implement it, They also have to keep the main network on. Because only a few percent of players will understand what is lightning network and how to use it. But, yeah. If the platform implements the lightning network that I am using, I will use the lightning network since it's fast and cheap.
I don't think the lightening network is generally accepted by everyone because not everybody understand the concept of it although there are claims that it helps to reduce the network free and makes transactions faster than normal. The lightening network will limited gamblers maybe casinos owners in knowing the actual portfolio they have cause the transactions that are used through lightening network do not go to the wallet directly.
Maybe Lightning Network will not yet be accepted generally but if the cost of sending bitcoins becomes higher, consumers will inevitably try to find other alternatives.
They'll be sure to dabble in which coin they can still feel comfortable with and if they find that the Lightning Network can be a solution, they'll use it.
But since this is related to the casino, the casino should play an important role in spreading the Lightning Network because later, its members will use it if the casino has integrated the Lightning Network into their casino.

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April 29, 2022, 04:04:12 PM
 #126

Maybe Lightning Network will not yet be accepted generally but if the cost of sending bitcoins becomes higher, consumers will inevitably try to find other alternatives.
They'll be sure to dabble in which coin they can still feel comfortable with and if they find that the Lightning Network can be a solution, they'll use it.
But since this is related to the casino, the casino should play an important role in spreading the Lightning Network because later, its members will use it if the casino has integrated the Lightning Network into their casino.

You cannot imagine how hard it is to handle customers. Only less than 1% of people on the internet understand how the lightning network works. So, it will be hard for the casino to maintain it. They have to set up dedicated support for lightning network-related questions only. There are a lot of videos on youtube about how the lightning network works. Still, I don't think it will be easy for them to adopt a lightning network.

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April 29, 2022, 04:09:40 PM
 #127

Bitcoin lightening network is a relatively new development and just like the exchanges are having a draw back in using LN so are casinos the fact could be either the difficulty in understanding lightening network operations or their just don't want to continue to take fees from the transactions. But me personally I will like the use of lightening network for transactions on casino as it will give a whole new experience.
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April 29, 2022, 08:54:38 PM
 #128

It's very convenient for those who deposit and withdraw with Bitcoin, there are always issues when withdrawing because of the delay because of the congestion in the chain, and who would not want to transact with lower fees, I seldom use Bitcoin because the other alternatives are good like Dogecoin, Tron, and BSC but for casinos where the only option is Bitcoin then Lightning network will serve the players better.
Delays on btc is not an issue but it's normal and you will used to that if you are regularly using a bitcoin but there's a fix to that. You can allocate more for the fees so that the transaction will run a little faster but I think on most casinos they don't allow it but they already set a specific fee when you withdraw your bitcoins. Rich gamblers are fine with the high fees in bitcoin but small players are always looking forward on transacting with lower fees. If you're happy with altcoins, then fine, just continue using it, no need to force yourself on using other coins.

I think that bitcoin and lightning network are not the same, I mean you cant sent a btc to a btc lightning address and vice versa.

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April 29, 2022, 08:54:43 PM
 #129

If it's way cheaper then perhaps I might consider it, but I doubt that since it adds another layer to the transaction, and those who created that layer will ask more, on top of that the fee that the casino charges.

Even though the payment route might consist of multiple different nodes, the total fee charged should be lower than the smallest possible on-chain transaction (size-wise). Unless you try to send hundreds or thousands dollars worth of BTC, you should pay less for your depoit.
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April 30, 2022, 12:00:12 AM
 #130

Undoubtedly I would use it with LN, not only for the ease that you have to make transactions but also because it is the best option from my Wallet, even from any exchange that has the network shared by Bep-20. In addition, what is most about transaction rates are the lowest that can be offered, I have also realized that many players have stopped betting with BTC directly on the casinos, and prefer to use other cryptocurrencies, and in a casino in the Chat live asked why? Those who answered me told me that it was when they did the transactions with BTC they were very expensive, I understood that the best way is through LN, I do not have much experience, but investigating I know that it would be the best.

Looking on the web, there are interesting articles, but seeing when there are new casinos that need you need pearful deposits, they have this advantage:

Quote
Tiny bets
Bitcoin casino gambling buffs who are not eager to wager large amounts of money will certainly like this one.

Today, it is not advisable to make very small transactions in the Bitcoin network because the cost of such a transfer may easily be higher than the amount you are sending. The Lightning Network would allow playing crypto casino games with tiny amounts of cryptocurrency thanks to very small commission fees. And if you have a direct channel with the casino, there would be no such fees at all.

Source: https://coingambling.info/news/bitcoin-casinos-that-accept-lightning-network-payments/

The article is very interesting and informative, for those who do not understand very well Lightning Network as I, I think it is quite complete. Wink

R


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April 30, 2022, 07:09:52 AM
 #131

Maybe Lightning Network will not yet be accepted generally but if the cost of sending bitcoins becomes higher, consumers will inevitably try to find other alternatives.
They'll be sure to dabble in which coin they can still feel comfortable with and if they find that the Lightning Network can be a solution, they'll use it.
But since this is related to the casino, the casino should play an important role in spreading the Lightning Network because later, its members will use it if the casino has integrated the Lightning Network into their casino.

You cannot imagine how hard it is to handle customers. Only less than 1% of people on the internet understand how the lightning network works. So, it will be hard for the casino to maintain it. They have to set up dedicated support for lightning network-related questions only. There are a lot of videos on youtube about how the lightning network works. Still, I don't think it will be easy for them to adopt a lightning network.
I can imagine how difficult it is to handle customers, as I was there a few years ago.
The way of thinking of people who use ordinary networks will change as the development progresses and if they don't want to change, of course, it will be difficult for them.
They would later be forced to pay more fees than the Lightning Network.
It all requires a lot of support, especially the support of the casino because it is closely related to their business and provides comfort to their customers.

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April 30, 2022, 11:26:14 PM
 #132

Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.
When reputed gambling site will start accepting lightening network i do not think you will still stay away from using the lightening network. Because ot will not make us anything loss but it will be helpful for us. Personally i.am waiting for the reputed gambling site to accept the lightening network.
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April 30, 2022, 11:53:27 PM
 #133

Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.
When reputed gambling site will start accepting lightening network i do not think you will still stay away from using the lightening network. Because ot will not make us anything loss but it will be helpful for us. Personally i.am waiting for the reputed gambling site to accept the lightening network.


I also believe the reason why many users are not using LN is because what Jawhead mentioned. Most crypto exchanges are not accepting btc via LN. So when a player wants to transfer his funds from the casino to an exchange, it won't be possible for him, so most of them stay with the native btc network. But I am also with the idea that if most of these CEXs and other trading platforms will include LN, definitely that would be a very good boost in using the LN.
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May 01, 2022, 04:17:16 AM
 #134

There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc
When reputed gambling site will start accepting lightening network i do not think you will still stay away from using the lightening network. Because ot will not make us anything loss but it will be helpful for us. Personally i.am waiting for the reputed gambling site to accept the lightening network.
I understand, those casinos I mentioned above also reputable casinos too and I've played on bc.game, but I didn't use their lightning network until now. There's no harm to add lightning network, same as the casinos want to add any altcoins that they want. Perhaps there's no massive adoption about lightning network, so IMO it's still quite new and worried if I do anything wrong to set up the LN node.

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May 01, 2022, 05:35:24 AM
 #135

I also believe the reason why many users are not using LN is because what Jawhead mentioned. Most crypto exchanges are not accepting btc via LN. So when a player wants to transfer his funds from the casino to an exchange, it won't be possible for him, so most of them stay with the native btc network. But I am also with the idea that if most of these CEXs and other trading platforms will include LN, definitely that would be a very good boost in using the LN.

When reputed gambling sites will allow lightening network, reputed exchanges will do the same. And if both platform (gambling site as well as exchanges) will allow lightening network, then we will have no reason of using lightening network. But before that time only small portion of people will use the lightening network.
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May 01, 2022, 05:57:53 AM
 #136

Here, in this whole discussion, one serious thought was expressed - why the casino practically does not use LN. And I think this is one of the main reasons. Indeed, since few people are familiar with this technology, there will be many problems and errors when using it. Then the casino support will be inundated with requests from such players. And such work of the support service will require additional costs, you may even need to hire additional employees. Is it necessary for the casino itself? Obviously not.
That is why there is no such distribution of LN in the field of gambling with cryptocurrency.

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May 01, 2022, 10:43:52 AM
 #137

Here, in this whole discussion, one serious thought was expressed - why the casino practically does not use LN. And I think this is one of the main reasons. Indeed, since few people are familiar with this technology, there will be many problems and errors when using it. Then the casino support will be inundated with requests from such players. And such work of the support service will require additional costs, you may even need to hire additional employees. Is it necessary for the casino itself? Obviously not.
That is why there is no such distribution of LN in the field of gambling with cryptocurrency.
Maybe the casino will implement LN if many people are already using it so the casino will not have to add any other support services because most people already know LN. Besides that, the casino itself also has various kinds of coins that are the choice of gamblers and that can already be an alternative for deposits and withdrawals for gamblers. It doesn't require any additional miscellaneous expenses as the casinos just carry on what they started.

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May 01, 2022, 02:52:28 PM
 #138

Altcoin is my opinion towards this one.Because the game should be played with our style.You had worried about the replies,but nothing to worry on it.It’s just a common on forum.The member like to replies to the high rank profile,it’s their own opinion.And the newbie will get huge replies,when you had elaborate the things,you like to share.And casino players will not share all their secrets.





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May 01, 2022, 05:34:49 PM
 #139

Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.
The lightening network is not as difficult to comprehend as we think. It's jus a matter of understand on the concept and how it works. Lightening network is a way that was implemented to increase the speed of Bitcoin and to reduce the network fees. Sometimes we spend huge amount of money when sending crypto to other people especially those that always do business transactions through Bitcoin.

The lightening network is okay to use without much complexity. Well good understanding of it will help other Bitcoin users to adoption it. For this, I think their are still limited persons who know much about it and the concept behind it. The more people understand it, the better the adoption.









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UmerIdrees
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May 01, 2022, 05:44:24 PM
 #140

Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.
The lightening network is not as difficult to comprehend as we think. It's jus a matter of understand on the concept and how it works. Lightening network is a way that was implemented to increase the speed of Bitcoin and to reduce the network fees. Sometimes we spend huge amount of money when sending crypto to other people especially those that always do business transactions through Bitcoin.

The lightening network is okay to use without much complexity. Well good understanding of it will help other Bitcoin users to adoption it. For this, I think their are still limited persons who know much about it and the concept behind it. The more people understand it, the better the adoption.

The complexity of the lightning network is only for the casino owners who will implement this system. For gamblers, there is no complexity as they just need to send the btc to the given address and the rest will be taken care by the lightning network. Yeah, gamblers will save fees and transaction time, and hence they all will prefer lightning networks. From the gambler's perspective, there want the easy fast transfer of bitcoin and they will use the lightning network.

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May 01, 2022, 06:49:44 PM
 #141

I am not sure what casino owners think about the lightning networks. But, If they implement it, They also have to keep the main network on. Because only a few percent of players will understand what is lightning network and how to use it. But, yeah. If the platform implements the lightning network that I am using, I will use the lightning network since it's fast and cheap.
I don't think the lightening network is generally accepted by everyone because not everybody understand the concept of it although there are claims that it helps to reduce the network free and makes transactions faster than normal. The lightening network will limited gamblers maybe casinos owners in knowing the actual portfolio they have cause the transactions that are used through lightening network do not go to the wallet directly.

This can be true to an extent but we still have to consider many other factors before deriving a conclusion on this aspect of lightning network, i see it very beneficial to the casino operators because they can be able to initiate a bulk transaction on every winning after a collective data on a course, meaning it will lessen the burden for them while crediting every winning, and i think its a olus bonus for every bitcoiner who is a gambler as well, because lightening network develops little or no issues at all cost.
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May 01, 2022, 07:05:01 PM
 #142

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.
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May 01, 2022, 10:05:34 PM
 #143

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.

Up until now, you can only count the casinos which are deploying the LN.
Maybe, the demand is not that significant for them to integrate this network.
Also, they won't earn from the fees in case they will include this as the fees are very minimal in LN.
Some casinos are already earning from the fees alone. And most users are still preferring the regular btc network.
Since they are used to the native network, some are hesitant to use LN because they feel they don't know how to use it.
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May 01, 2022, 10:20:45 PM
 #144

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.
Do mean lightening network is makes transactions faster? Yes no dispute so why is it that most gambling platforms are not using the so call lightening network. The problem is not about the gambling platform using it but about their customers if they like it or understand how it works. The lightening network looks good but it's need good knowledge of the phases before you can use or else, you might lose your fund. It is not as simple as the normal Bitcoin transaction.

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May 01, 2022, 10:53:48 PM
 #145

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.
Do mean lightening network is makes transactions faster? Yes no dispute so why is it that most gambling platforms are not using the so call lightening network. The problem is not about the gambling platform using it but about their customers if they like it or understand how it works. The lightening network looks good but it's need good knowledge of the phases before you can use or else, you might lose your fund. It is not as simple as the normal Bitcoin transaction.

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN? i can't even name one right now. so if these gamblers want to transfer their withdrawals to exchanges, how can they transfer via LN if there is no CEX having LN for BTC? some won't go to the extent of trying to figure out how LN wallet works.

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May 02, 2022, 08:52:24 AM
 #146

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.
Do mean lightening network is makes transactions faster? Yes no dispute so why is it that most gambling platforms are not using the so call lightening network. The problem is not about the gambling platform using it but about their customers if they like it or understand how it works. The lightening network looks good but it's need good knowledge of the phases before you can use or else, you might lose your fund. It is not as simple as the normal Bitcoin transaction.

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN? i can't even name one right now. so if these gamblers want to transfer their withdrawals to exchanges, how can they transfer via LN if there is no CEX having LN for BTC? some won't go to the extent of trying to figure out how LN wallet works.

I think Binance have currently have LN not quite sure but I think many gambling sites already have LN although here at the forum you can easily undetstand it especially some users already created a topic about it and discuss it in simple ways but people are still unfamilliar with this maybe because it is not yet implemented and majority of the platforms are not yet implementing LN to their websites or systems.

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May 02, 2022, 11:15:08 AM
 #147

I think Binance have currently have LN not quite sure but I think many gambling sites already have LN although here at the forum you can easily undetstand it especially some users already created a topic about it and discuss it in simple ways but people are still unfamilliar with this maybe because it is not yet implemented and majority of the platforms are not yet implementing LN to their websites or systems.
Yes, Binance already has an LN, while Binance also has other networks as a choice for traders. But that's on the exchange and for LN on the exchange, I think it will have a good impact on the exchange because when someone wants to deposit bitcoins, they can choose a network they can be comfortable with. But this is in a casino that has not most of the casinos integrated because they have other coin alternatives that the gambler can choose from.

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May 02, 2022, 12:08:15 PM
 #148

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.

Up until now, you can only count the casinos which are deploying the LN.
Maybe, the demand is not that significant for them to integrate this network.
Also, they won't earn from the fees in case they will include this as the fees are very minimal in LN.
Some casinos are already earning from the fees alone. And most users are still preferring the regular btc network.
Since they are used to the native network, some are hesitant to use LN because they feel they don't know how to use it.


It's like a chicken and the egg problem. I believe to boot-strap the Lightning Network, some altruism is required, just like how the Bitcoin network was boot-strapped through altruism. The early miners didn't mine Bitcoin because they thought they would rich, they mined Bitcoin because they wanted to participate in the network.

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May 02, 2022, 04:54:08 PM
 #149

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.

Up until now, you can only count the casinos which are deploying the LN.
Maybe, the demand is not that significant for them to integrate this network.
Also, they won't earn from the fees in case they will include this as the fees are very minimal in LN.
Some casinos are already earning from the fees alone. And most users are still preferring the regular btc network.
Since they are used to the native network, some are hesitant to use LN because they feel they don't know how to use it.


It's like a chicken and the egg problem. I believe to boot-strap the Lightning Network, some altruism is required, just like how the Bitcoin network was boot-strapped through altruism. The early miners didn't mine Bitcoin because they thought they would rich, they mined Bitcoin because they wanted to participate in the network.
No one knows the future and that participation of theirs did really paid off specially to those people who do still manage to keep their keys for a very long time or lets say a decade time.

Using up LN isnt really that complicated just like on what that guy above telling about that manner.It is really just that people had been having that hindrance due to possible
bugs and issues with LN.

Yes, recognition is less but wont be surprised that one day it would really be recognized for such switch of.

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May 02, 2022, 11:59:51 PM
Last edit: May 05, 2022, 12:09:49 AM by Saint-loup
 #150

I think Binance have currently have LN not quite sure but I think many gambling sites already have LN although here at the forum you can easily undetstand it especially some users already created a topic about it and discuss it in simple ways but people are still unfamilliar with this maybe because it is not yet implemented and majority of the platforms are not yet implementing LN to their websites or systems.
You are the opposite of AmoreJaz LOL(look the quote below). Where have you seen that "many gambling sites already have LN"?  You're talking about small games or casinos? If you know casinos offering that, could you name them please, because I'm interested. But AFAIK it doesn't exist yet and the gambling sites you are referring to are more paying games than gambling ones.

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN? i can't even name one right now. so if these gamblers want to transfer their withdrawals to exchanges, how can they transfer via LN if there is no CEX having LN for BTC? some won't go to the extent of trying to figure out how LN wallet works.
Bitfinex offers LN since a pretty long time now, Kraken is also offering LN now and certainly few other exchanges.


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May 03, 2022, 03:59:01 AM
 #151

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN?

That would be my case. I don't use LN, and I don't know the technology in depth either. If we add to that that I prefer to play poker on fiat sites, mainly because of the better traffic but also because of better software and security, it is quite unlikely that I would try it if it were available, although I do not rule out doing it for the novelty, because after all it is a technology that is becoming more advanced and that at some point I will have to try it, either on betting sites or others.


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May 03, 2022, 08:41:48 AM
 #152

Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.

Up until now, you can only count the casinos which are deploying the LN.
Maybe, the demand is not that significant for them to integrate this network.
Also, they won't earn from the fees in case they will include this as the fees are very minimal in LN.
Some casinos are already earning from the fees alone. And most users are still preferring the regular btc network.
Since they are used to the native network, some are hesitant to use LN because they feel they don't know how to use it.


It's like a chicken and the egg problem. I believe to boot-strap the Lightning Network, some altruism is required, just like how the Bitcoin network was boot-strapped through altruism. The early miners didn't mine Bitcoin because they thought they would rich, they mined Bitcoin because they wanted to participate in the network.

No one knows the future and that participation of theirs did really paid off specially to those people who do still manage to keep their keys for a very long time or lets say a decade time.


They didn't care, the early miners/node operators simply wanted to participate in something they believed that was a cool project in what it was trying to do.

Quote

Using up LN isnt really that complicated just like on what that guy above telling about that manner. It is really just that people had been having that hindrance due to possible bugs and issues with LN.

Yes, recognition is less but wont be surprised that one day it would really be recognized for such switch of.


It can get complicated for plebs like us, or more non-technical users like me, but the point is about the participation of nodes that "would matter more" for the protocol, like exchanges/merchants/and other Bitcoin services like casinos.

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May 03, 2022, 08:18:07 PM
 #153

I think Binance have currently have LN not quite sure but I think many gambling sites already have LN although here at the forum you can easily undetstand it especially some users already created a topic about it and discuss it in simple ways but people are still unfamilliar with this maybe because it is not yet implemented and majority of the platforms are not yet implementing LN to their websites or systems.
Obviously they will have it because binance was an exchange and not a gambling site but there are a couple of gambling sites that supports lightning networks. Here's one of the thread > https://bitcointalk.org/index.php?topic=5255329.0 that lists all gambling sites which accepts lightning network. The lightning network is not that hard to understand but it can be the same as other networks.

The lightning network is already implemented because if it isn't, you won't see it in binance and on some gambling sites. It's just many people are not aware that it exists. I think that's because it lacks of publication and all the attention only goes to the original bitcoin. Let's just hope that many platforms and people that will support this network.
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May 03, 2022, 08:22:26 PM
 #154


If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.
Well when it comes to LN I am very open to the great options that are given, not only can they guarantee operations quickly and with little fee, but those who use it have great benefits, those who have little balance in BTC is a good option, most people who have BTC always seek to transfer it to a cheaper currency or stablecoin, this to make this option even cheaper, if the exchanges and bookmakers and casinos managed LN they would attract not only high rollers, but those traders who want to enter the world of gambling, and this population of traders and investors is quite large.

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May 03, 2022, 08:46:28 PM
 #155

though there are some tutorials found in the forum regarding the use of ln, still many people prefer the usual way, which is the native network. i guess, users/players are used to it and only few actually knew how LN works. also, how many exchanges have you seen using LN?

That would be my case. I don't use LN, and I don't know the technology in depth either. If we add to that that I prefer to play poker on fiat sites, mainly because of the better traffic but also because of better software and security, it is quite unlikely that I would try it if it were available, although I do not rule out doing it for the novelty, because after all it is a technology that is becoming more advanced and that at some point I will have to try it, either on betting sites or others.


People would normally jump in on the time that they are seeing that it has been used by majority or does really have some significant numbers who had been using it then it cant really be denied
that we would really be reconsidering on making use of it.Even myself isnt really that much known or that familiar on how LN transactions been done on which i could say that it is really
that complicated but if there would be some tuts or guides then i might put myself on getting interested on it but not for now yet its not really that been rampant for the community
to make use of it.

R


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May 04, 2022, 08:12:25 AM
 #156

People would normally jump in on the time that they are seeing that it has been used by majority or does really have some significant numbers who had been using it then it cant really be denied
that we would really be reconsidering on making use of it.Even myself isnt really that much known or that familiar on how LN transactions been done on which i could say that it is really
that complicated but if there would be some tuts or guides then i might put myself on getting interested on it but not for now yet its not really that been rampant for the community
to make use of it.
LN is definitely needed during periods of heavy load on the bitcoin network. 
It sometimes happened before - the commissions increased to such values ​​that it became a pity to lose such money.  Although everyone understands that this is just the earnings of miners. 
Recently, I have been transferring small amounts in BTC and noticed that normally (within acceptable time intervals and blocks), transactions even with 1 sat/byte, i.e., the commission is approximately 100-200 sat.  Or $0.05-0.1.   Smiley
In such a lull on BTC blockchain, it is quite possible to forget about LN.  But in other periods, you still need to be able to use it.  And for bitcoin casinos in the first place.

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May 04, 2022, 05:57:07 PM
 #157

People would normally jump in on the time that they are seeing that it has been used by majority or does really have some significant numbers who had been using it then it cant really be denied
that we would really be reconsidering on making use of it.Even myself isnt really that much known or that familiar on how LN transactions been done on which i could say that it is really
that complicated but if there would be some tuts or guides then i might put myself on getting interested on it but not for now yet its not really that been rampant for the community
to make use of it.
LN is definitely needed during periods of heavy load on the bitcoin network. 
It sometimes happened before - the commissions increased to such values ​​that it became a pity to lose such money.  Although everyone understands that this is just the earnings of miners. 
Recently, I have been transferring small amounts in BTC and noticed that normally (within acceptable time intervals and blocks), transactions even with 1 sat/byte, i.e., the commission is approximately 100-200 sat.  Or $0.05-0.1.   Smiley
In such a lull on BTC blockchain, it is quite possible to forget about LN.  But in other periods, you still need to be able to use it.  And for bitcoin casinos in the first place.
On the other hand, LN will still be a choice and not in an urgent need to be added to the casino because they have already solved this matter with the altcoin. But LN can come as a help to people who want to reduce the transaction fee and get fast confirmations. But still, it depends on the network traffic to confirm the transaction. Yes, not many people know about LN because of the need above but slowly, they will learn it and try to use it in the other business and not in the casino because maybe not many casinos will give this option to them.

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May 04, 2022, 08:59:01 PM
 #158

People would normally jump in on the time that they are seeing that it has been used by majority or does really have some significant numbers who had been using it then it cant really be denied
that we would really be reconsidering on making use of it.Even myself isnt really that much known or that familiar on how LN transactions been done on which i could say that it is really
that complicated but if there would be some tuts or guides then i might put myself on getting interested on it but not for now yet its not really that been rampant for the community
to make use of it.
LN is definitely needed during periods of heavy load on the bitcoin network. 
It sometimes happened before - the commissions increased to such values ​​that it became a pity to lose such money.  Although everyone understands that this is just the earnings of miners. 
Recently, I have been transferring small amounts in BTC and noticed that normally (within acceptable time intervals and blocks), transactions even with 1 sat/byte, i.e., the commission is approximately 100-200 sat.  Or $0.05-0.1.   Smiley
In such a lull on BTC blockchain, it is quite possible to forget about LN.  But in other periods, you still need to be able to use it.  And for bitcoin casinos in the first place.
On the other hand, LN will still be a choice and not in an urgent need to be added to the casino because they have already solved this matter with the altcoin. But LN can come as a help to people who want to reduce the transaction fee and get fast confirmations. But still, it depends on the network traffic to confirm the transaction. Yes, not many people know about LN because of the need above but slowly, they will learn it and try to use it in the other business and not in the casino because maybe not many casinos will give this option to them.
Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.

R


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May 04, 2022, 10:06:41 PM
 #159

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.
The time has come and it's happening with the exchanges first and there will be the time that it'll be on most casinos.

Yes, it will take time and there's no need for a hasty decision for most of the casinos that have been seeing the demand is quite good if they're going to add LN.

But it's a decision of theirs not to add it as well, it can come in a rush addition or it won't really come to many.

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May 05, 2022, 01:18:40 AM
 #160

It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.
I really believe it is going to become a standard feature in the future, now many casinos may not have adopted yet simply because there is no demand and because they will not get additional money with the high fees some of them charge, however at some moment in the future we will reach a tipping point and any casino not using the lighting network will begin to lose customers as people become more mindful of the fees they are paying.

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May 05, 2022, 02:46:21 PM
 #161

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.
The LN could likely be adopted or integrated into many businesses, especially if the costs skyrocket. But we also won't know when the time will come and we'd better not think about it because we already have our own choices for now. I am not too enthusiastic about LN because, with the current network, I can still receive the fees I paid. So it won't be a problem for me at the moment.

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Maslate
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May 05, 2022, 03:02:17 PM
 #162

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.
The LN could likely be adopted or integrated into many businesses, especially if the costs skyrocket. But we also won't know when the time will come and we'd better not think about it because we already have our own choices for now. I am not too enthusiastic about LN because, with the current network, I can still receive the fees I paid. So it won't be a problem for me at the moment.

Agree with that, it's very helpful for the industry so people would not anymore worry about the cost. it's fast and cheap, that's all we want as a gambler and for sure casinos will gain plenty of gamblers if they will add LN as their alternative on their payment system. I haven't experience the LN using in a gambling site, but I would love to try it of course, currently, I'm using XRP, it's fast and cheap as well.

R


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Lanatsa
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May 05, 2022, 03:12:05 PM
 #163

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.
The LN could likely be adopted or integrated into many businesses, especially if the costs skyrocket. But we also won't know when the time will come and we'd better not think about it because we already have our own choices for now. I am not too enthusiastic about LN because, with the current network, I can still receive the fees I paid. So it won't be a problem for me at the moment.

Agree with that, it's very helpful for the industry so people would not anymore worry about the cost. it's fast and cheap, that's all we want as a gambler and for sure casinos will gain plenty of gamblers if they will add LN as their alternative on their payment system. I haven't experience the LN using in a gambling site, but I would love to try it of course, currently, I'm using XRP, it's fast and cheap as well.
XRP and TRX do really make the job done which does have cheap cost in terms of fees and it do really confirms that fast which is really that suitable for gambler needs since we do love seamless transactions and we

dont really like for any delays or something but if we do look and based up on bitcoins in regards to this manner then it do really still remain cheap and okay.

Lets wait for network to be clogged again and this is the time that people will be considering that LN option.  Cheesy

R


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Doan9269
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May 05, 2022, 03:22:08 PM
 #164

Time will come if LN would really be that adopted or integrated if we could really see some demand to it but its true that altcoins had already patched up the main problems on which these main coins does have.
It will takes time or wont really come after all because we know that it has been a while into its existence but we arent really seeing any significant progress or updates whether it could really be
that applicable on different aspect or just still on test phase or developmental.
The LN could likely be adopted or integrated into many businesses, especially if the costs skyrocket. But we also won't know when the time will come and we'd better not think about it because we already have our own choices for now. I am not too enthusiastic about LN because, with the current network, I can still receive the fees I paid. So it won't be a problem for me at the moment.

I think the use of lightning network will also make a significant difference by helping many gamblers scale through bthe kyc request that they might encounter during the initiation of payment for withdrawal, i think this will have more of advantage to the casino operators and the gamblers as well as they both stand a chance to benefit from it all, LN should be able to byepass some minor restrictions that could be a concern when making transactions especially on user's winning.
ethereumhunter
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May 06, 2022, 01:26:32 PM
 #165

Agree with that, it's very helpful for the industry so people would not anymore worry about the cost. it's fast and cheap, that's all we want as a gambler and for sure casinos will gain plenty of gamblers if they will add LN as their alternative on their payment system. I haven't experience the LN using in a gambling site, but I would love to try it of course, currently, I'm using XRP, it's fast and cheap as well.
Using XRP to gamble or other things has really helped gamblers because, with fast and cheap transaction confirmations, gamblers don't have to wait long to start gambling right away. As an alternative to payment, LN also helps gamblers who want to experience fast transactions and low shipping costs. I also use XRP sometimes but I still mostly use BTC or LTC to gamble.

I think the use of lightning network will also make a significant difference by helping many gamblers scale through bthe kyc request that they might encounter during the initiation of payment for withdrawal, i think this will have more of advantage to the casino operators and the gamblers as well as they both stand a chance to benefit from it all, LN should be able to byepass some minor restrictions that could be a concern when making transactions especially on user's winning.
LN is just an alternative payment that will be provided by the casino, especially if the cost of sending BTC increases drastically so that LN is expected to reduce the cost of sending it. But don't forget that casinos already have many coin alternatives that can help to reduce shipping costs so that gamblers can use the coins to send and receive their coins.

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May 06, 2022, 01:56:49 PM
 #166

Agree with that, it's very helpful for the industry so people would not anymore worry about the cost. it's fast and cheap, that's all we want as a gambler and for sure casinos will gain plenty of gamblers if they will add LN as their alternative on their payment system. I haven't experience the LN using in a gambling site, but I would love to try it of course, currently, I'm using XRP, it's fast and cheap as well.
Using XRP to gamble or other things has really helped gamblers because, with fast and cheap transaction confirmations, gamblers don't have to wait long to start gambling right away. As an alternative to payment, LN also helps gamblers who want to experience fast transactions and low shipping costs. I also use XRP sometimes but I still mostly use BTC or LTC to gamble.


Most gambling sites I think have added XRP already, it's the fastest and probably the cheapest when it comes to transaction fees since XPR currently is very cheap. You'll be able to transact XPR with less than a dollar of transaction fee, and even coming from an exchange, the fee is still very cheap.

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May 06, 2022, 05:32:14 PM
 #167

I would definitely use it if it was available in more than just one place. If I could put LN then take out then there is no problem but if it would be difficult to do then I wouldn't probably do it.

Like I deposit from Binance directly, yes that is a risky thing but I gamble with a small amount so if it is all gone then I wouldn't be bothered about it or lose any sleep, and Binance doesn't offer any LN transactions right now which means that even if there was a casino that did it, I wouldn't be able to do use it at all. This is what benefits us, we should be focusing a bit more on the part where it's many coins and we can pick the cheap one.
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May 07, 2022, 04:39:05 AM
 #168

Most gambling sites I think have added XRP already, it's the fastest and probably the cheapest when it comes to transaction fees since XPR currently is very cheap. You'll be able to transact XPR with less than a dollar of transaction fee, and even coming from an exchange, the fee is still very cheap.
I think that's why many gamblers like to use XRP because of many factors although there are other coins that also have things that are almost similar to XRP. But they also try to use other coins to have a different experience from using XRP. But whatever it is, gamblers will definitely choose coins that will make them feel comfortable playing gambling.

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delfastTions
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May 11, 2022, 08:15:59 AM
 #169

Most gambling sites I think have added XRP already, it's the fastest and probably the cheapest when it comes to transaction fees since XPR currently is very cheap. You'll be able to transact XPR with less than a dollar of transaction fee, and even coming from an exchange, the fee is still very cheap.
I think that's why many gamblers like to use XRP because of many factors although there are other coins that also have things that are almost similar to XRP. But they also try to use other coins to have a different experience from using XRP. But whatever it is, gamblers will definitely choose coins that will make them feel comfortable playing gambling.
With XRP, everything is clear and I agree that this is one of the most convenient coins for prompt payments in cryptocasinos. 
However, it should be borne in mind that those who have the main cryptocurrencies on their balance sheet - bitcoin and Ethereum, also need to exchange for XRP, which is often inconvenient and takes extra time.  Ethereum is completely unsuitable for commissions now, but for bitcoin, of course, such an option as payment through LN is a great option.  You just need to have an appropriate wallet, for example ELECTRUM.  It fits very well.  But the question is still on the side of the casino. 
Apparently no one is trying to meet the needs of users and facilitate payments in bitcoins.  And it's upsetting.

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May 13, 2022, 09:31:20 AM
 #170

A question for those people who suggested to use XRP, or TRX, or other altcoins instead of Bitcoin. If there was an easy and good UI/UX solution built to send and receive Bitcoin through the Lightning Network, would you choose that instead of the altcoin? Did you actually buy the altcoin because it's simply faster?

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May 13, 2022, 11:48:42 AM
 #171

A question for those people who suggested to use XRP, or TRX, or other altcoins instead of Bitcoin. If there was an easy and good UI/UX solution built to send and receive Bitcoin through the Lightning Network, would you choose that instead of the altcoin? Did you actually buy the altcoin because it's simply faster?

Yes, most definitely. Although I didn't suggest using XRP or other altcoins instead of Bitcoin for casino deposits, I can understand why some people prefer them. I have used the Lightning Network at least a couple of times already to transfer small amounts to the casino, but there are not many casinos with LN support yet.

For an easy and good UI / UX solution, I like how the BlueWallet works. You do not have to open a LN channel. There is this custodial part of the wallet where the channel is already open on their side. You just need to transfer part of the funds from the main chain to top-up the LN wallet and you're ready to go.

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May 13, 2022, 06:50:33 PM
 #172

A question for those people who suggested to use XRP, or TRX, or other altcoins instead of Bitcoin. If there was an easy and good UI/UX solution built to send and receive Bitcoin through the Lightning Network, would you choose that instead of the altcoin? Did you actually buy the altcoin because it's simply faster?
There are probably only two reasons I can think of why someone would prefer using altcoins over the lightning network to deposit/withdraw to/from a casino or any other crypto service. The first reason is that he never used the lightning network before and doesn't realise how easy it is to make a payment with it especially with the advancement of the wallet softwares supporting it.
The second reason is that he has all his coins stored on centralized exchanges where the fees to withdraw altcoins are way cheaper than the fees to withdraw bitcoin.

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May 13, 2022, 07:55:32 PM
 #173

A question for those people who suggested to use XRP, or TRX, or other altcoins instead of Bitcoin. If there was an easy and good UI/UX solution built to send and receive Bitcoin through the Lightning Network, would you choose that instead of the altcoin? Did you actually buy the altcoin because it's simply faster?
Me preferably I will option in to the use of a lighting network since it allows for cheaper fees and faster transaction time but then again most gambling site is not into adopting new services such as lighting networks due to some setbacks in the lightning node that are still under testnet.

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May 14, 2022, 07:03:39 AM
Last edit: May 14, 2022, 09:05:27 AM by Wind_FURY
 #174

A question for those people who suggested to use XRP, or TRX, or other altcoins instead of Bitcoin. If there was an easy and good UI/UX solution built to send and receive Bitcoin through the Lightning Network, would you choose that instead of the altcoin? Did you actually buy the altcoin because it's simply faster?

There are probably only two reasons I can think of why someone would prefer using altcoins over the lightning network to deposit/withdraw to/from a casino or any other crypto service. The first reason is that he never used the lightning network before and doesn't realise how easy it is to make a payment with it especially with the advancement of the wallet softwares supporting it.

The second reason is that he has all his coins stored on centralized exchanges where the fees to withdraw altcoins are way cheaper than the fees to withdraw bitcoin.


I believe there's one reason that holds more truth than your two reasons. It's plebs like us actually LOVE to invest/trade/speculate in altcoins/shitcoins, and every bull cycle brings newbies, looking for "the next Bitcoin". I was one of those plebs who day-traded, lost his savings/learned the HARD WAY. But it's partly because of the lack of education about Bitcoin and what it sets it above the shitcoins, and partly human nature of curiousity.

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May 18, 2022, 07:22:46 AM
 #175

A question for those people who suggested to use XRP, or TRX, or other altcoins instead of Bitcoin. If there was an easy and good UI/UX solution built to send and receive Bitcoin through the Lightning Network, would you choose that instead of the altcoin? Did you actually buy the altcoin because it's simply faster?

There are probably only two reasons I can think of why someone would prefer using altcoins over the lightning network to deposit/withdraw to/from a casino or any other crypto service. The first reason is that he never used the lightning network before and doesn't realise how easy it is to make a payment with it especially with the advancement of the wallet softwares supporting it.

The second reason is that he has all his coins stored on centralized exchanges where the fees to withdraw altcoins are way cheaper than the fees to withdraw bitcoin.


I believe there's one reason that holds more truth than your two reasons. It's plebs like us actually LOVE to invest/trade/speculate in altcoins/shitcoins, and every bull cycle brings newbies, looking for "the next Bitcoin". I was one of those plebs who day-traded, lost his savings/learned the HARD WAY. But it's partly because of the lack of education about Bitcoin and what it sets it above the shitcoins, and partly human nature of curiousity.
I agree with you that a large number of new players begin their acquaintance with crypto-casinos using different altcoins.  First of all, because bitcoin is too expensive for them and the commissions in the main network are also quite large.  And these players just don't know about the Lightning Network.  And even if they know, they consider it difficult as soon as they hear the word "channel".  Therefore, they use TRON, XRP and other coins.  If they had dealt with LN from the very beginning, then its use in the crypto-casino industry would have been much greater. 
But, unfortunately, this is not the case yet.  Sad

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May 19, 2022, 01:20:52 AM
 #176

Most gambling sites I think have added XRP already, it's the fastest and probably the cheapest when it comes to transaction fees since XPR currently is very cheap. You'll be able to transact XPR with less than a dollar of transaction fee, and even coming from an exchange, the fee is still very cheap.
I think that's why many gamblers like to use XRP because of many factors although there are other coins that also have things that are almost similar to XRP. But they also try to use other coins to have a different experience from using XRP. But whatever it is, gamblers will definitely choose coins that will make them feel comfortable playing gambling.
With XRP, everything is clear and I agree that this is one of the most convenient coins for prompt payments in cryptocasinos. 
However, it should be borne in mind that those who have the main cryptocurrencies on their balance sheet - bitcoin and Ethereum, also need to exchange for XRP, which is often inconvenient and takes extra time.  Ethereum is completely unsuitable for commissions now, but for bitcoin, of course, such an option as payment through LN is a great option.  You just need to have an appropriate wallet, for example ELECTRUM.  It fits very well.  But the question is still on the side of the casino. 
Apparently no one is trying to meet the needs of users and facilitate payments in bitcoins.  And it's upsetting.
I totally support what you say, for now there are many users who only use BTC and if there is no option with BTC they do not exchange them and prefer not to play, as with ETH, what is sought is that they minimize the amount in fees to spend, yes implements LN will not only be more comfortable for a large part of the casino and sports betting community, but it will attract large whales with many bets and wanting to play, the fact of playing with BTC gives much more emotion than with another crypto, and now that there is a drop in btc some players want to increase their balance in BTC and what better option to play.

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May 19, 2022, 05:29:04 AM
 #177

A question for those people who suggested to use XRP, or TRX, or other altcoins instead of Bitcoin. If there was an easy and good UI/UX solution built to send and receive Bitcoin through the Lightning Network, would you choose that instead of the altcoin? Did you actually buy the altcoin because it's simply faster?
Me preferably I will option in to the use of a lighting network since it allows for cheaper fees and faster transaction time but then again most gambling site is not into adopting new services such as lighting networks due to some setbacks in the lightning node that are still under testnet.

Since some players are not using it too even though the fees are cheaper paying $5 is also cheaper  for them too and it is less complicated than LN as many people here are still not understand what LN is , does the LN only uses small amount or it can be used too in bigger transactions?

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May 20, 2022, 12:27:37 PM
 #178

....

.... the fact of playing with BTC gives much more emotion than with another crypto, and now that there is a drop in btc some players want to increase their balance in BTC and what better option to play.

Excellent observation. Indeed, if a player has just started playing in a crypto-casino, then Bitcoin certainly seems to him a prestigious and excellent coin. And the attitude towards many altcoins for such a player is about the same as for chips in a physical casino. Bitcoin is like dollars. This can really cause strong emotions, especially if a novice player is lucky and has won 100-200 thousand Satoshi.
This is much more interesting than winning TRON for example. Smiley

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May 20, 2022, 12:35:04 PM
Merited by Wind_FURY (1)
 #179

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.

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May 20, 2022, 03:01:03 PM
 #180

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.
Yes, Lightning Network or LN is for bitcoin as it lessen the fees for transaction and it might be a great way for casino to implement it especially for withdrawals on their platform. However, as Users or Gamblers, I might rather not consider it as of now since most of the online casino or gambling platform that have offers other tokens and it also feature swapping or converting btc to other tokens that will helps us with transaction fee and traffic.

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May 21, 2022, 04:51:44 AM
 #181

definitely yes! and for all other people that answer yes I already built something here.

https://t.me/lncoinflipbot
It's a coin flip telegram bot that you can play with lightning. it's provably fair! give it a try/

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May 21, 2022, 07:20:27 AM
 #182

definitely yes! and for all other people that answer yes I already built something here.

https://t.me/lncoinflipbot
It's a coin flip telegram bot that you can play with lightning. it's provably fair! give it a try/

Does it have a faucet? I would like to try it if there is a faucet and if there's none maybe I could try it with few satoshis. Did you developed it by yourself and it's provably fair? I hope I could verify it when I flipped the coin.

ya.ya.yo!

.
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May 21, 2022, 08:22:01 AM
 #183

definitely yes! and for all other people that answer yes I already built something here.

https://t.me/lncoinflipbot
It's a coin flip telegram bot that you can play with lightning. it's provably fair! give it a try/
I think I've seen the same gambling game that's built through telegram's bot.

How long you've been operating with this flip coin game on telegram? So as it accepts LN, it's probably also accepting other cryptos.

Since some players are not using it too even though the fees are cheaper paying $5 is also cheaper  for them too and it is less complicated than LN as many people here are still not understand what LN is , does the LN only uses small amount or it can be used too in bigger transactions?
AFAIK, LN is only ideal for small transfers but there's a development that's going there for larger transfers.

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May 21, 2022, 10:06:26 AM
 #184

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.


I admit, our HODL-mentality might be one of the main reasons why shitcoins are being used more and more. I also can't disagree, gamble with the shitcoins, don't forget to wash your hands, but keep the precious Bitcoins as savings. It both has its pros and cons, or a trade-off? I will post a shower thought about it in my Buy the "DIP, and HODL" topic and have JuanJayGee post his own opinion about it. Hahaha.

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pawanjain
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May 21, 2022, 02:06:34 PM
 #185

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.


I admit, our HODL-mentality might be one of the main reasons why shitcoins are being used more and more. I also can't disagree, gamble with the shitcoins, don't forget to wash your hands, but keep the precious Bitcoins as savings. It both has its pros and cons, or a trade-off? I will post a shower thought about it in my Buy the "DIP, and HODL" topic and have JuanJayGee post his own opinion about it. Hahaha.

Everything has it's own pros and cons. When it comes to gambling with bitcoin I think the cons outweigh the pros for me.
For me, bitcoins are too valuable to lose in gambling which is why I never gamble with my BTC and rather opt for free coins to gamble with.

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May 21, 2022, 06:26:42 PM
 #186

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.
Yes, Lightning Network or LN is for bitcoin as it lessen the fees for transaction and it might be a great way for casino to implement it especially for withdrawals on their platform. However, as Users or Gamblers, I might rather not consider it as of now since most of the online casino or gambling platform that have offers other tokens and it also feature swapping or converting btc to other tokens that will helps us with transaction fee and traffic.
Never see any other cryptos aside from btc that uses LN so maybe it is only for btc. LN helps lessen the fee and can also speed up the transaction which is a good thing for btc users. Btc users always dream of this and finally LN came to make this dream a reality. Every casino should implement it. I know that it seems late already because LN wasn't a new thing anymore and every casinos already started using different kind of altcoins but for once, maybe they can make the wish of the users here come true?

Users here always wanted to see and experience LN on the gambling site that they like. Why a casino cant approve this simple request? Are there any problems? Is setting up LN on a gambling site complicated and can cost a lot? Hmm...

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May 21, 2022, 06:34:24 PM
 #187

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.


I admit, our HODL-mentality might be one of the main reasons why shitcoins are being used more and more. I also can't disagree, gamble with the shitcoins, don't forget to wash your hands, but keep the precious Bitcoins as savings. It both has its pros and cons, or a trade-off? I will post a shower thought about it in my Buy the "DIP, and HODL" topic and have JuanJayGee post his own opinion about it. Hahaha.

Everything has it's own pros and cons. When it comes to gambling with bitcoin I think the cons outweigh the pros for me.
For me, bitcoins are too valuable to lose in gambling which is why I never gamble with my BTC and rather opt for free coins to gamble with.
I was shocked about cons outweighs it pro's where you had emphasized about investment decisions or matter where you do really got the point but if we do talk about technical aspects then i dont
see for Bitcoin for it to be non relevant since its the main coin.If LN would be available or something that would really be integrated on gambling casinos which we have seen some of them
able to do so then its not really that a bad idea but there are some talks about being still on development thats why it cant really be seen in most
gambling sites for it o be available.

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May 21, 2022, 07:38:19 PM
 #188

For a player it is especially important that a deposit is credited to his account. Nowadays it also goes very fast without a lightning network. A player wants to have confidence that his money will be in his account. A few minutes nowadays is the maximum that a player wants to wait at a gambling site. Waiting half an hour would be a long time these days. Besides that, there is no other advantage with lightning deposit.

.
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May 21, 2022, 08:22:14 PM
 #189

the fact of playing with BTC gives much more emotion than with another crypto, and now that there is a drop in btc some players want to increase their balance in BTC and what better option to play.
I concur! And actually, there is another reason I forgot to mention on my previous reply on why gamblers prefer using shitcoins instead of bitcoin especially when playing dice games and the like. The reason am talking about is the minimum bet amount which is always lower when using an altcoin than when using bitcoin.
I remember most dice players preferred to play with Doge coin which didn't have a signifiant value back then.
Not sure if LN can help in solving this issue, though.

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pawanjain
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May 22, 2022, 12:27:54 PM
 #190

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.


I admit, our HODL-mentality might be one of the main reasons why shitcoins are being used more and more. I also can't disagree, gamble with the shitcoins, don't forget to wash your hands, but keep the precious Bitcoins as savings. It both has its pros and cons, or a trade-off? I will post a shower thought about it in my Buy the "DIP, and HODL" topic and have JuanJayGee post his own opinion about it. Hahaha.

Everything has it's own pros and cons. When it comes to gambling with bitcoin I think the cons outweigh the pros for me.
For me, bitcoins are too valuable to lose in gambling which is why I never gamble with my BTC and rather opt for free coins to gamble with.
I was shocked about cons outweighs it pro's where you had emphasized about investment decisions or matter where you do really got the point but if we do talk about technical aspects then i dont
see for Bitcoin for it to be non relevant since its the main coin.If LN would be available or something that would really be integrated on gambling casinos which we have seen some of them
able to do so then its not really that a bad idea but there are some talks about being still on development thats why it cant really be seen in most
gambling sites for it o be available.

Yes ofcourse. I don't want to use bitcoin for gambling not because of the technical aspects but because of the potential and value of bitcoin.
The technical aspects are super fine for it to be used for gambling but according to my perspective it is too valuable for me to lose it in gambling.
This is why I tend to accumulate some altcoins for gambling perspective and save my bitcoins as an asset value.

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May 22, 2022, 12:44:12 PM
 #191

Yes, Lightning Network or LN is for bitcoin as it lessen the fees for transaction and it might be a great way for casino to implement it especially for withdrawals on their platform. However, as Users or Gamblers, I might rather not consider it as of now since most of the online casino or gambling platform that have offers other tokens and it also feature swapping or converting btc to other tokens that will helps us with transaction fee and traffic.
Never see any other cryptos aside from btc that uses LN so maybe it is only for btc. LN helps lessen the fee and can also speed up the transaction which is a good thing for btc users. Btc users always dream of this and finally LN came to make this dream a reality. Every casino should implement it. I know that it seems late already because LN wasn't a new thing anymore and every casinos already started using different kind of altcoins but for once, maybe they can make the wish of the users here come true?

Users here always wanted to see and experience LN on the gambling site that they like. Why a casino cant approve this simple request? Are there any problems? Is setting up LN on a gambling site complicated and can cost a lot? Hmm...
LN or Lightning Network can easily be implemented on various online casino or gambling sites however is it really worth they're time to do so since LN is only applicable for bitcoin. Also, if a client or gambler would like to deposit on their account faster, then they have various options to do so such as additional fees, or even depositing on using other cryptocurrency that offers lesser fees and faster transaction.

Even if these gambling platforms would implement it, how many players will be able to use it? Upon checking on this forum, there are some campaigns where LN are introduced and has been offered to try in exchange of a bucks thru btc however only a few even tried to do so.

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May 22, 2022, 12:56:45 PM
 #192

Yes, Lightning Network or LN is for bitcoin as it lessen the fees for transaction and it might be a great way for casino to implement it especially for withdrawals on their platform. However, as Users or Gamblers, I might rather not consider it as of now since most of the online casino or gambling platform that have offers other tokens and it also feature swapping or converting btc to other tokens that will helps us with transaction fee and traffic.
Never see any other cryptos aside from btc that uses LN so maybe it is only for btc. LN helps lessen the fee and can also speed up the transaction which is a good thing for btc users. Btc users always dream of this and finally LN came to make this dream a reality. Every casino should implement it. I know that it seems late already because LN wasn't a new thing anymore and every casinos already started using different kind of altcoins but for once, maybe they can make the wish of the users here come true?

Users here always wanted to see and experience LN on the gambling site that they like. Why a casino cant approve this simple request? Are there any problems? Is setting up LN on a gambling site complicated and can cost a lot? Hmm...
LN or Lightning Network can easily be implemented on various online casino or gambling sites however is it really worth they're time to do so since LN is only applicable for bitcoin. Also, if a client or gambler would like to deposit on their account faster, then they have various options to do so such as additional fees, or even depositing on using other cryptocurrency that offers lesser fees and faster transaction.

Even if these gambling platforms would implement it, how many players will be able to use it? Upon checking on this forum, there are some campaigns where LN are introduced and has been offered to try in exchange of a bucks thru btc however only a few even tried to do so.

the reason why the adoption is slow is maybe, not many people are familiar how to use LN even if there are tutorials out there. and most if not all crypto-exchanges or trading platforms don't have LN in their network. let's say, binance will offer BTC (LN), i have the feeling that the usage will increase if some of these reputable exchanges will include LN. exchanges are integrating other networks like BSC, SOL, MATIC, and others, but why not LN?

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May 22, 2022, 01:32:12 PM
 #193

This is ridiculous, every reputable gambling site should credit when it's safe to. No one wants to currently use LN for large amounts because of how temperamental it is and cannot safely store BTC.

The LN also focuses more on micro transactions and the gambling minimums on games is not micro


 directbet is a prime example of a site that went under because it paid winning bets before their deposits were confirmed. So losing bets never confirmed.
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May 22, 2022, 02:13:31 PM
 #194

I don't think I will use it because I don't understand it, I use web services 3 is enough and I don't want to lose a lot of money if I lose later

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May 23, 2022, 03:20:37 AM
 #195

definitely yes! and for all other people that answer yes I already built something here.

https://t.me/lncoinflipbot
It's a coin flip telegram bot that you can play with lightning. it's provably fair! give it a try/

Does it have a faucet? I would like to try it if there is a faucet and if there's none maybe I could try it with few satoshis. Did you developed it by yourself and it's provably fair? I hope I could verify it when I flipped the coin.

ya.ya.yo!

yes there's a faucet - here's a youtube livestream that goes live every day and gives out 10 satoshis at a time.
You can claim the vouchers by scanning the code with any supporting Lightning wallet.
https://youtu.be/SB13lpynJZc
it's live right now Smiley

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May 23, 2022, 03:23:08 AM
 #196

definitely yes! and for all other people that answer yes I already built something here.

https://t.me/lncoinflipbot
It's a coin flip telegram bot that you can play with lightning. it's provably fair! give it a try/
I think I've seen the same gambling game that's built through telegram's bot.

How long you've been operating with this flip coin game on telegram? So as it accepts LN, it's probably also accepting other cryptos.

Since some players are not using it too even though the fees are cheaper paying $5 is also cheaper  for them too and it is less complicated than LN as many people here are still not understand what LN is , does the LN only uses small amount or it can be used too in bigger transactions?
AFAIK, LN is only ideal for small transfers but there's a development that's going there for larger transfers.

no it only accepts Bitcoin on Lightning. There's no need for other cryptos. All my apps and services are Bitcoin only.
Lightning Network is fast/cheap transfer bitcoin, why use anything else? It's very easy to use.
Just download any wallet and send/receive.

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May 24, 2022, 12:15:46 PM
 #197

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.


I admit, our HODL-mentality might be one of the main reasons why shitcoins are being used more and more. I also can't disagree, gamble with the shitcoins, don't forget to wash your hands, but keep the precious Bitcoins as savings. It both has its pros and cons, or a trade-off? I will post a shower thought about it in my Buy the "DIP, and HODL" topic and have JuanJayGee post his own opinion about it. Hahaha.

Everything has it's own pros and cons. When it comes to gambling with bitcoin I think the cons outweigh the pros for me.

For me, bitcoins are too valuable to lose in gambling which is why I never gamble with my BTC and rather opt for free coins to gamble with.


I thought the point you were making was, if given the choice between which coin to gamble with, for example Bitcoin or Dogecoin, the decision would always be gamble and throw away the Dogecoin but keep the Bitcoin because it's more valuable. Defining "valuable" here is not what is "financially valuable", but what's truly valuable based on the coin's underlying nature. Bitcoin is the most valuable of them all.


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May 25, 2022, 07:41:16 AM
 #198

I thought the point you were making was, if given the choice between which coin to gamble with, for example Bitcoin or Dogecoin, the decision would always be gamble and throw away the Dogecoin but keep the Bitcoin because it's more valuable. Defining "valuable" here is not what is "financially valuable", but what's truly valuable based on the coin's underlying nature. Bitcoin is the most valuable of them all.

I think that any person prefers bitcoin.
Especially if the alternative is not even Ethereum or XRP, but Doge. This is such a coin, which generally rose from oblivion through the efforts of Elon Mask. And of course there is less trust in it than in bitcoin. This raises the question of the relevance of LN. It’s better not to exchange bitcoins for dogecoins and vice versa once again. At the same time paying extra commissions.

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May 25, 2022, 01:18:54 PM
 #199

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.


I admit, our HODL-mentality might be one of the main reasons why shitcoins are being used more and more. I also can't disagree, gamble with the shitcoins, don't forget to wash your hands, but keep the precious Bitcoins as savings. It both has its pros and cons, or a trade-off? I will post a shower thought about it in my Buy the "DIP, and HODL" topic and have JuanJayGee post his own opinion about it. Hahaha.

Everything has it's own pros and cons. When it comes to gambling with bitcoin I think the cons outweigh the pros for me.

For me, bitcoins are too valuable to lose in gambling which is why I never gamble with my BTC and rather opt for free coins to gamble with.


I thought the point you were making was, if given the choice between which coin to gamble with, for example Bitcoin or Dogecoin, the decision would always be gamble and throw away the Dogecoin but keep the Bitcoin because it's more valuable. Defining "valuable" here is not what is "financially valuable", but what's truly valuable based on the coin's underlying nature. Bitcoin is the most valuable of them all.



Yes that is true and I would do the same in the given scenario but at the same time my point was a little different.
Suppose I have two coins in my wallet which is bitcoin and dogecoin and if I want to gamble then I would choose dogecoin and save bitcoin in my wallet.
Indirectly it's the same thing because is always more valuable than any other cryptocurrency both financially and technically because of the underlying nautre of it.

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May 26, 2022, 03:29:45 PM
 #200

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Yes, I am ready to use the Lightning Network technology if it is implemented in the future in the online casino I am interested in (in a casino where I will be comfortable gambling). 

I am interested in bitcoin, but I have not used the Lightning Network technology in practice. I am open to everything new and interesting. Therefore, I am ready to try this technology in practice. This technology was originally introduced to solve the problem of scaling the Bitcoin network.

How well does this technology work?  To what extent has the scaling problem been solved? 

I don't know. I don't know, but I want to know.

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May 26, 2022, 03:44:36 PM
 #201

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Aside from the fact that casinos take fee for withdrawal aside from the blockchain fee which is a means of earning revenue for the casino, most casinos are afraid of the integrating lightening network due to the fact that lightening network is a new development and not still at it testnet so not many business will want to integrate it.

But on a personal note I will use lightening network to make deposits and withdrawals since LN offers relatively low fees.
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May 26, 2022, 09:25:48 PM
 #202

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Aside from the fact that casinos take fee for withdrawal aside from the blockchain fee which is a means of earning revenue for the casino, most casinos are afraid of the integrating lightening network due to the fact that lightening network is a new development and not still at it testnet so not many business will want to integrate it.

But on a personal note I will use lightening network to make deposits and withdrawals since LN offers relatively low fees.

I think what is holding back for the massive adoption in LN is the availability of trading platforms and other sites that are accepting LN payment. Most players want cheap fees but they don't want to learn on their own how to set-up their own LN wallet. So most are just relying on these exchanges to convert their crypto to other currencies like fiat. But if there will be exchanges which accept LN, I have the feeling that the demand for this payment method will increase. I for one, will use it if I can directly send my funds from the casino to an exchange, to convert it to my fiat.
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May 27, 2022, 07:35:06 PM
 #203

I have been an early adopter of the Bitcoin lightning network and a strong advocate, I will gladly use the service if it is available in any casinos. The mass adoption of lightning networks will be more effective if there is high demand for platforms such as casinos.

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May 27, 2022, 08:35:06 PM
 #204

I have been an early adopter of the Bitcoin lightning network and a strong advocate, I will gladly use the service if it is available in any casinos. The mass adoption of lightning networks will be more effective if there is high demand for platforms such as casinos.
There are already some casinos that integrate lightning network which is really good to look at or make use of but the main issue is the trust that do connects with it that's why they aren't really able to get sufficient number of players due into that kind of problem which is something not surprising.

I've seen that this one is done well but not all would really be that confident on using LN yet they do say that it's still on developmental state and they do much prefer those older ways.

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May 31, 2022, 08:23:21 AM
 #205

I have been an early adopter of the Bitcoin lightning network and a strong advocate, I will gladly use the service if it is available in any casinos. The mass adoption of lightning networks will be more effective if there is high demand for platforms such as casinos.

There are already some casinos that integrate lightning network which is really good to look at or make use of but the main issue is the trust that do connects with it that's why they aren't really able to get sufficient number of players due into that kind of problem which is something not surprising.

I've seen that this one is done well but not all would really be that confident on using LN yet they do say that it's still on developmental state and they do much prefer those older ways.


I'm starting to see, and recognize that merely "accepting" deposits through the Lightning Network "because cheap/fast Bitcoin transactions" might not be enough to attract users to actually force them to use it. Altcoins have been doing the job good enough for many users for fast/cheap transactions. But shower thought, what if a casino with absolutley NO KYC as a unique selling proposition, and built directly on top of Lightning like the way DirectBet was built on top of the Bitcoin blockchain?

As an example, a casino like this, but with more games, https://lightning-roulette.com/

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June 01, 2022, 04:20:53 AM
 #206

definitely yes! and for all other people that answer yes I already built something here.

https://t.me/lncoinflipbot
It's a coin flip telegram bot that you can play with lightning. it's provably fair! give it a try/
I think I've seen the same gambling game that's built through telegram's bot.

How long you've been operating with this flip coin game on telegram? So as it accepts LN, it's probably also accepting other cryptos.

Since some players are not using it too even though the fees are cheaper paying $5 is also cheaper  for them too and it is less complicated than LN as many people here are still not understand what LN is , does the LN only uses small amount or it can be used too in bigger transactions?
AFAIK, LN is only ideal for small transfers but there's a development that's going there for larger transfers.

no it only accepts Bitcoin on Lightning. There's no need for other cryptos. All my apps and services are Bitcoin only.
Lightning Network is fast/cheap transfer bitcoin, why use anything else? It's very easy to use.
Just download any wallet and send/receive.

For players of your style, the fact that the casinos have the LN functionality is highly valued and accepted among all its members, in addition to the fact that, like you, there are many players who only have BTC and only want to play with BTC, sometimes it can be Annoying that some fees are that bottleneck, but it's as simple as you say, it's like downloading the wallet, making deposits and withdrawing.

I am very sure that the number of traders in the world that exist, many do not play in casinos because of the fees, and because of what it takes to change BTC for alts, I really support your motion.

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June 01, 2022, 06:21:28 AM
 #207



By the way, a couple of days ago, the LN network set another record for bitcoins blocked in channels.  I would like LN itself to develop faster, but development is still taking place. 
Definitely, for many people who have bitcoin, it is absolutely superfluous to exchange it for other altcoins.  Extra operations on exchanges and, by the way, paying extra commissions for the exchange.  Most casino players do not need this at all. 
So LN definitely has a huge potential for use in the gambling industry. 
Let's hope that the casinos themselves will be active in implementing LN.

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June 01, 2022, 08:59:33 AM
 #208

I have been an early adopter of the Bitcoin lightning network and a strong advocate, I will gladly use the service if it is available in any casinos. The mass adoption of lightning networks will be more effective if there is high demand for platforms such as casinos.
There are already some casinos that integrate lightning network which is really good to look at or make use of but the main issue is the trust that do connects with it that's why they aren't really able to get sufficient number of players due into that kind of problem which is something not surprising.

I've seen that this one is done well but not all would really be that confident on using LN yet they do say that it's still on developmental state and they do much prefer those older ways.
It would be very interested to know which online casinos are now allowing LN fir gambling. A list of the same can encourage a lot of people replying on this topic to use those casinos. LN us the fastest and cheapest way to use Bitcoin but there not much information available about vendors accepting it.

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June 01, 2022, 01:26:17 PM
 #209

I'm starting to see, and recognize that merely "accepting" deposits through the Lightning Network "because cheap/fast Bitcoin transactions" might not be enough to attract users to actually force them to use it. Altcoins have been doing the job good enough for many users for fast/cheap transactions. But shower thought, what if a casino with absolutley NO KYC as a unique selling proposition, and built directly on top of Lightning like the way DirectBet was built on top of the Bitcoin blockchain?

As an example, a casino like this, but with more games, https://lightning-roulette.com/

I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought.

And yes, maybe I feel more secure paying $1 to ensure I get it there than $0.01 to wonder if I'm doing it right.

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June 01, 2022, 06:52:13 PM
 #210

I'm starting to see, and recognize that merely "accepting" deposits through the Lightning Network "because cheap/fast Bitcoin transactions" might not be enough to attract users to actually force them to use it. Altcoins have been doing the job good enough for many users for fast/cheap transactions. But shower thought, what if a casino with absolutley NO KYC as a unique selling proposition, and built directly on top of Lightning like the way DirectBet was built on top of the Bitcoin blockchain?

As an example, a casino like this, but with more games, https://lightning-roulette.com/

I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought.

And yes, maybe I feel more secure paying $1 to ensure I get it there than $0.01 to wonder if I'm doing it right.
Some do say say it was still experimental thats why they do still prefer the old way instead of LN but eventually i dont see anything wrong on making use of LN but it wasnt really that developed well

on which it could really be that just right for it to be in used on this kind of aspect but it wont really be that bad on making use as long it do serve out its purpose but for now its still experimental?

It doesnt really get that much attention but one day when its really that being developed then there's some chance.

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June 02, 2022, 09:15:28 AM
 #211

I'm starting to see, and recognize that merely "accepting" deposits through the Lightning Network "because cheap/fast Bitcoin transactions" might not be enough to attract users to actually force them to use it. Altcoins have been doing the job good enough for many users for fast/cheap transactions. But shower thought, what if a casino with absolutley NO KYC as a unique selling proposition, and built directly on top of Lightning like the way DirectBet was built on top of the Bitcoin blockchain?

As an example, a casino like this, but with more games, https://lightning-roulette.com/

I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought.


It's more complicated than "demand for Lightning isn't high". It's also because, as I said in my post that you quoted, a lack of unique selling proposition for the casino/lack of unique value proposition for the user to use the Lightning Network. It's not only happening in casinos, but also in exchanges as well. As debated, what if a casino, or an exchange was built on top of Lightning and offered NO KYC as a unique selling proposition? I believe it might be something many people in the community would like.

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June 03, 2022, 05:52:57 AM
 #212

As debated, what if a casino, or an exchange was built on top of Lightning and offered NO KYC as a unique selling proposition? I believe it might be something many people in the community would like.

I get what you're saying but why is No KYC the proposition for Lightning and not for on-chain? If an exchange or casino is regulated, it won't matter if they're using Layer 1/2/3 or whatever, they can't promise no KYC.

Maybe I'm not understanding why this also helps sell L2 though. When L1 already by default doesn't need KYC, that's been the entire USP of using on-chain non custodial services...

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June 04, 2022, 02:39:42 PM
 #213

Aside from the fact that casinos take fee for withdrawal aside from the blockchain fee which is a means of earning revenue for the casino
Almost all the casino as well as exchange site take fees base on their own fixed withdrawal fees from where they get commission. If  we use lightning network they will still take the commission though that commission might be lower than the commission which they are receiving right now.
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June 04, 2022, 08:47:14 PM
 #214

Aside from the fact that casinos take fee for withdrawal aside from the blockchain fee which is a means of earning revenue for the casino
Almost all the casino as well as exchange site take fees base on their own fixed withdrawal fees from where they get commission. If  we use lightning network they will still take the commission though that commission might be lower than the commission which they are receiving right now.

I don't know the reason why exchanges and gambling platforms are not integrating LN, but maybe it is due to the small fees that they can get. Because if exchanges are offering LN, and there is LN also in a casino, I will probably use LN. But if it is only in casino, where I saw one here accepting LN, and no exchanges to transfer to, I won't use it. So it is the availability of this network to trading platforms, I think is one reason why people are not using this network. Most people are just lazy to install a wallet having LN. Actually, electrum has LN but you need to be careful in setting this up to avoid mistakes.
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June 06, 2022, 11:52:32 AM
 #215

As debated, what if a casino, or an exchange was built on top of Lightning and offered NO KYC as a unique selling proposition? I believe it might be something many people in the community would like.

I get what you're saying but why is No KYC the proposition for Lightning and not for on-chain? If an exchange or casino is regulated, it won't matter if they're using Layer 1/2/3 or whatever, they can't promise no KYC.

Maybe I'm not understanding why this also helps sell L2 though. When L1 already by default doesn't need KYC, that's been the entire USP of using on-chain non custodial services...


You didn't understand, or didn't get neither the context nor the point. Are you familiar with the TRUE ON-CHAIN casino called DirectBet?

Quote

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https://www.bitcoincasinopro.com/reviews/directbet/


But because as the network became more congested, blocks full, fees high, it became impractical to use DirectBet. BUT, what if a casino like DirectBet was built on top of the Lightning Network? I believe it might also attract, and give users an incentive to use Lightning.

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June 07, 2022, 06:01:37 AM
 #216

You didn't understand, or didn't get neither the context nor the point. Are you familiar with the TRUE ON-CHAIN casino called DirectBet?

But because as the network became more congested, blocks full, fees high, it became impractical to use DirectBet. BUT, what if a casino like DirectBet was built on top of the Lightning Network? I believe it might also attract, and give users an incentive to use Lightning.

I don't think there is any true gambler who was around the forum in the past 4 years who doesn't know directbet, but I guess I didn't get what you meant from before because I thought you were talking about Lightning as an enabler for no-KYC. But you're actually saying no-KYC as the gateway to Lightning adoption (then I agree, but no-KYC is the gateway for BTC adoption and people still end up using KYC custodials because of convenience and ease of use).

But now you made it clear although in my mind it makes it harder for a casino to use Lightning  AND offer no KYC cause I always thought opening channels makes you more identifiable. Bear in mind I know very little about it as never used it.

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June 08, 2022, 02:34:28 AM
 #217

I have been an early adopter of the Bitcoin lightning network and a strong advocate, I will gladly use the service if it is available in any casinos. The mass adoption of lightning networks will be more effective if there is high demand for platforms such as casinos.

There are already some casinos that integrate lightning network which is really good to look at or make use of but the main issue is the trust that do connects with it that's why they aren't really able to get sufficient number of players due into that kind of problem which is something not surprising.

I've seen that this one is done well but not all would really be that confident on using LN yet they do say that it's still on developmental state and they do much prefer those older ways.


I'm starting to see, and recognize that merely "accepting" deposits through the Lightning Network "because cheap/fast Bitcoin transactions" might not be enough to attract users to actually force them to use it. Altcoins have been doing the job good enough for many users for fast/cheap transactions. But shower thought, what if a casino with absolutley NO KYC as a unique selling proposition, and built directly on top of Lightning like the way DirectBet was built on top of the Bitcoin blockchain?

As an example, a casino like this, but with more games, https://lightning-roulette.com/

That casino is in DEMO mode and I think it's very good, I'm really not much of a Roulette player, but they have a good concept, besides the fact that the game is fast, and it has a particularity that I don't know if it's currently lost, when I was a few years ago in a traditional physical casino, the roulette had the cer(0) and the double zero(00) in this one has only one zero(0), for me that way it has more chances of winning more when they have so many options, and particularly if it is that fast and each deposit through LN one can play like this, at least I would be hooked to play slots, because with little you can enjoy a lot, and this in some sites is limited to a certain amount, but as it is in LN it would be a low minimum amount to attract both big and small players.

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June 08, 2022, 07:39:55 AM
 #218

I'm starting to see, and recognize that merely "accepting" deposits through the Lightning Network "because cheap/fast Bitcoin transactions" might not be enough to attract users to actually force them to use it. Altcoins have been doing the job good enough for many users for fast/cheap transactions. But shower thought, what if a casino with absolutley NO KYC as a unique selling proposition, and built directly on top of Lightning like the way DirectBet was built on top of the Bitcoin blockchain?

As an example, a casino like this, but with more games, https://lightning-roulette.com/

I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought.

And yes, maybe I feel more secure paying $1 to ensure I get it there than $0.01 to wonder if I'm doing it right.
This is the main problem with using the LN network in everyday payments. I also noticed that when the main bitcoin blockchain is in a calm state, then the commissions become very small, sometimes they are measured in a few cents on the slow transaction option. In such periods, the relevance of LN is indeed reduced. And the number of LN users is also decreasing.
So devs casinos are thinking - is it worth it to provide LN, or this payment option will remain unclaimed and even unnecessary.
Therefore, I think that the introduction of LN in general in the crypto-currency market is going on so slowly, and in particular, the use of LN in crypto-casinos too.

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June 08, 2022, 07:49:07 AM
 #219

The only reason to use lighting network is to make quick transactions.  Because Bitcoin's block takes a long time to be confirmed.  Which is often the cause of annoyance among gamblers. I use the lighting network for deposits and withdrawals.  Because it charges less gas fees.  And completes transactions quickly.

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June 09, 2022, 04:54:08 AM
 #220

I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought.

And yes, maybe I feel more secure paying $1 to ensure I get it there than $0.01 to wonder if I'm doing it right.
This is the main problem with using the LN network in everyday payments. I also noticed that when the main bitcoin blockchain is in a calm state, then the commissions become very small, sometimes they are measured in a few cents on the slow transaction option. In such periods, the relevance of LN is indeed reduced. And the number of LN users is also decreasing.
So devs casinos are thinking - is it worth it to provide LN, or this payment option will remain unclaimed and even unnecessary.
Therefore, I think that the introduction of LN in general in the crypto-currency market is going on so slowly, and in particular, the use of LN in crypto-casinos too.

Hope you don't get me wrong that I don't like Lightning, I actually do, I just feel like it's not as easy to use as Bitcoin itself (which according to a lot of newbies already is quite difficult, hence why they stick to easy wallets instead of a real client).

So yes I said more secure but the real reason for most people could simply be that it's not as easy to use.

I didn't know LN users decreasing, thought it was always on the up?

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June 09, 2022, 05:30:46 AM
 #221

I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought.

And yes, maybe I feel more secure paying $1 to ensure I get it there than $0.01 to wonder if I'm doing it right.
This is the main problem with using the LN network in everyday payments. I also noticed that when the main bitcoin blockchain is in a calm state, then the commissions become very small, sometimes they are measured in a few cents on the slow transaction option. In such periods, the relevance of LN is indeed reduced. And the number of LN users is also decreasing.
So devs casinos are thinking - is it worth it to provide LN, or this payment option will remain unclaimed and even unnecessary.
Therefore, I think that the introduction of LN in general in the crypto-currency market is going on so slowly, and in particular, the use of LN in crypto-casinos too.

Hope you don't get me wrong that I don't like Lightning, I actually do, I just feel like it's not as easy to use as Bitcoin itself (which according to a lot of newbies already is quite difficult, hence why they stick to easy wallets instead of a real client).

So yes I said more secure but the real reason for most people could simply be that it's not as easy to use.

I didn't know LN users decreasing, thought it was always on the up?
I am also curious to know from where did you come into the conclusion that the number of LN users are decreasing. Recently I was doing a random check on Google trends and found out most European and African countries are searching about LN. I donnot think that the number has decreased. I also agree using LN wallet is not that easy for many but there are a few wallets that do not require any technical knowledge. So the developers need to come up with more easy to use wallets if they want more people using the LN.

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June 09, 2022, 05:51:20 AM
 #222

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.

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June 09, 2022, 06:05:13 AM
 #223

Actually, no.

But simply because I haven't used it for anything yet. On some sites I use I have the option to pay in bitcoin using LN but I haven't done it. I suppose that in time it will become widespread and I will end up using it, but not at the moment. I don't really use altcoins, so I will continue to use Bitcoin and maybe in the future LN, but not exclusively for gambling.

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June 09, 2022, 06:54:42 AM
 #224

I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought.

And yes, maybe I feel more secure paying $1 to ensure I get it there than $0.01 to wonder if I'm doing it right.
This is the main problem with using the LN network in everyday payments. I also noticed that when the main bitcoin blockchain is in a calm state, then the commissions become very small, sometimes they are measured in a few cents on the slow transaction option. In such periods, the relevance of LN is indeed reduced. And the number of LN users is also decreasing.
So devs casinos are thinking - is it worth it to provide LN, or this payment option will remain unclaimed and even unnecessary.
Therefore, I think that the introduction of LN in general in the crypto-currency market is going on so slowly, and in particular, the use of LN in crypto-casinos too.

Hope you don't get me wrong that I don't like Lightning, I actually do, I just feel like it's not as easy to use as Bitcoin itself (which according to a lot of newbies already is quite difficult, hence why they stick to easy wallets instead of a real client).

So yes I said more secure but the real reason for most people could simply be that it's not as easy to use.

I didn't know LN users decreasing, thought it was always on the up?
I am also curious to know from where did you come into the conclusion that the number of LN users are decreasing. Recently I was doing a random check on Google trends and found out most European and African countries are searching about LN. I donnot think that the number has decreased. I also agree using LN wallet is not that easy for many but there are a few wallets that do not require any technical knowledge. So the developers need to come up with more easy to use wallets if they want more people using the LN.
You, dear colleagues, misunderstood me.
Or maybe it's my own fault for not expressing my thoughts correctly?

So: of course, the number of LN users does not decrease in a global perspective. The number of channels is growing all the time. I meant the fact that when the bitcoin mempul is small, the commissions are small, it may be easier for the user to complete a regular transaction in the main blockchain. And there is no need to understand the complexities of LN. And these difficulties still present a problem for many inexperienced people. But when the commissions on the main network become large, for example a few dollars, then of course LN becomes more in demand. That's what I meant. And this process is cyclical. Now, during the bitcoin flat, it is clear that LN is less in demand. But if there is an increase in the bitcoin rate, the commissions will increase, many will again use LN.

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June 09, 2022, 01:42:26 PM
 #225

Actually, no.

But simply because I haven't used it for anything yet. On some sites I use I have the option to pay in bitcoin using LN but I haven't done it. I suppose that in time it will become widespread and I will end up using it, but not at the moment. I don't really use altcoins, so I will continue to use Bitcoin and maybe in the future LN, but not exclusively for gambling.


Making use of the lightening network on gambling site can be encouraged but it has more advantage from one end than the other,  the operators of the casinos stand to benefit more from this than individuals gamblers and if lightening network can be a thing of optional and choice just as it has then many gamblers wouldn't prefare the network for effective usage all because they would have easily use ordinary transaction than to LN, and as for the casino operators, this will safe them time and fees required when making payments to users.



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June 10, 2022, 06:26:03 AM
 #226

And the number of LN users is also decreasing.
You, dear colleagues, misunderstood me.
Or maybe it's my own fault for not expressing my thoughts correctly?

So: of course, the number of LN users does not decrease in a global perspective. The number of channels is growing all the time. I meant the fact that when the bitcoin mempul is small, the commissions are small, it may be easier for the user to complete a regular transaction in the main blockchain. And there is no need to understand the complexities of LN. And these difficulties still present a problem for many inexperienced people. But when the commissions on the main network become large, for example a few dollars, then of course LN becomes more in demand. That's what I meant. And this process is cyclical. Now, during the bitcoin flat, it is clear that LN is less in demand. But if there is an increase in the bitcoin rate, the commissions will increase, many will again use LN.

Well, hard to blame us for not understanding you, you literally said the number of LN users is decreasing so you definitely expressed the wrong thing.

Today there is a report on LN hitting ALL TIME HIGH both on pools, networks/channels opened as well as users and transactions.

So, clearly, your knowledge is misinformed or the news I am reading is fake Wink

https://bitcoinist.com/bitcoin-lightning-network-capacity-reaches-new-ath/

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June 10, 2022, 06:43:20 AM
 #227

Actually, no.

But simply because I haven't used it for anything yet. On some sites I use I have the option to pay in bitcoin using LN but I haven't done it. I suppose that in time it will become widespread and I will end up using it, but not at the moment. I don't really use altcoins, so I will continue to use Bitcoin and maybe in the future LN, but not exclusively for gambling.


Making use of the lightening network on gambling site can be encouraged but it has more advantage from one end than the other,  the operators of the casinos stand to benefit more from this than individuals gamblers and if lightening network can be a thing of optional and choice just as it has then many gamblers wouldn't prefare the network for effective usage all because they would have easily use ordinary transaction than to LN, and as for the casino operators, this will safe them time and fees required when making payments to users.
I think the casino operators or owners should give an option to their users whether they want to use LN. Without giving an option no one here would able to find out whether their will an increase in demand to use the LN service in casino. If it is a succes then obviously other casinos will follow.

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June 15, 2022, 06:22:35 AM
 #228

I think the casino operators or owners should give an option to their users whether they want to use LN. Without giving an option no one here would able to find out whether their will an increase in demand to use the LN service in casino. If it is a succes then obviously other casinos will follow.

It should also be noted here that the very development of the LN protocol should have a positive effect on its use in the cryptocurrency gambling industry. 

By the way, quite a lot of new messages about the development of LN were made at the recent Bitcoin conference in Austin.  The technology itself is clearly developing even despite such a sad flight down the bitcoin rate.  And the development of technology hopefully will lead to greater use in crypto-casinos.
  We all just have to wait.

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June 15, 2022, 03:34:12 PM
 #229

I think the casino operators or owners should give an option to their users whether they want to use LN. Without giving an option no one here would able to find out whether their will an increase in demand to use the LN service in casino. If it is a succes then obviously other casinos will follow.

It should also be noted here that the very development of the LN protocol should have a positive effect on its use in the cryptocurrency gambling industry. 

By the way, quite a lot of new messages about the development of LN were made at the recent Bitcoin conference in Austin.  The technology itself is clearly developing even despite such a sad flight down the bitcoin rate.  And the development of technology hopefully will lead to greater use in crypto-casinos.
  We all just have to wait.

Most gamblers prefer LN, it's just that it isn't available on many gambling sites. It will be an edge if they will consider adding it as an option because, to be honest, most of us would choose faster transactions regardless of their fee. It's also a good thing that the LN network is continuously developing despite the market situation. I hope that more developments would happen soon and casino owners would see the importance of LN network.
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June 15, 2022, 03:40:36 PM
 #230

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Wow! A lightening network would be interesting to make use of in transaction, and I strongly believe many users out there will buy into the use of such network for transaction especially when it comes with a pocket friendly fee iin the cost of  transact.

I could remember making a Bitcoin transaction with my wallet and due to the lower fee I opted for it took  48 hours to get the transaction done successfully. Now imagine it was a case of emergency.
So such technology would be helpful for emergency transfer situation due to it's speed. But then, there should be options for users too to choose from so different services to use, so users can have a wide range of choice as to which to use depending on the urgency of the transfer.


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June 16, 2022, 06:59:42 PM
 #231

Most gamblers prefer LN, it's just that it isn't available on many gambling sites. It will be an edge if they will consider adding it as an option because, to be honest, most of us would choose faster transactions regardless of their fee. It's also a good thing that the LN network is continuously developing despite the market situation. I hope that more developments would happen soon and casino owners would see the importance of LN network.
If we prefer to have a fast transaction no matter what the fee is then why can we just use the coins that we currently see? Bitcoin for example and then use a high priority or set the fee in the highest possible value so that the transaction can go really fast.

There are casino that has a high withdrawal fee but the coins can arrive much faster than those who only have a minimal fee. Didn't knew that LN is being developed continuously? That's nice but it's useless at the same time because casinos still didn't give an importance to it. I don't know what ln is planning but lets hope you are right, that casinos can noticed them one day.

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June 22, 2022, 03:02:18 AM
 #232

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.

Whenever we are going to make a deposit in a casino we see the options to spend less fee, one of them is to use other cryptocurrencies, such as trx, ada, among others, because we always want to pay less to use that money in the casino, however when we put money in BTC it is more difficult, both to leave an exchange and sometimes to enter a platform, there is always an associated fee that is considerable, however now with the price of BTC that is not so low it may be something that It doesn't stick so much, but in context if it has something of value, if BTC when it was worth almost $70k a BTC fee was quite strong, for my LN it is the perfect solution, especially for players who only use BTC.

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June 22, 2022, 06:20:09 AM
 #233

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.

Whenever we are going to make a deposit in a casino we see the options to spend less fee, one of them is to use other cryptocurrencies, such as trx, ada, among others, because we always want to pay less to use that money in the casino, however when we put money in BTC it is more difficult, both to leave an exchange and sometimes to enter a platform, there is always an associated fee that is considerable, however now with the price of BTC that is not so low it may be something that It doesn't stick so much, but in context if it has something of value, if BTC when it was worth almost $70k a BTC fee was quite strong, for my LN it is the perfect solution, especially for players who only use BTC.


I'm actually starting to doubt, and question the value proposition of "Lightning as a cheaper way" to transact in Bitcoin. I believe many of the posters in the topic who said that "they would definitely use Lightning" really won't. They would remain, and still use an altcoin. There should be a more effective value proposition for Lightning to be the preferred way to transact. I already mentioned a no-KYC casino directly built on the Lightning Network, like DirectBet was built on Bitcoin.

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June 23, 2022, 06:07:41 AM
 #234

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.

Whenever we are going to make a deposit in a casino we see the options to spend less fee, one of them is to use other cryptocurrencies, such as trx, ada, among others, because we always want to pay less to use that money in the casino, however when we put money in BTC it is more difficult, both to leave an exchange and sometimes to enter a platform, there is always an associated fee that is considerable, however now with the price of BTC that is not so low it may be something that It doesn't stick so much, but in context if it has something of value, if BTC when it was worth almost $70k a BTC fee was quite strong, for my LN it is the perfect solution, especially for players who only use BTC.

Perhaps I will also note such an important point when using LN as the speed of transactions.  When you play and need to urgently replenish the deposit, this is very important.  Because your condition calls for it to be faster, faster. 
But still, the use of altcoins, even with very fast transactions and low commissions, looks like something not quite necessary when you have bitcoin and the LN network is connected. 
I think that LN will still be more actively implemented in the gambling industry.

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June 23, 2022, 08:02:47 AM
 #235

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.
Many of these Casinos that are in this forum does not use lightening network so why will I be bordered to use it when it has it own flux. I will rather still to the traditional patten of sending Bitcoin and receiving it than taking the risk to fund gambling account through the use of lightening network to reduce the transaction fee. The transaction I do pay is not too much for me to complain about anything.

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June 23, 2022, 08:38:49 AM
 #236

LN is more suitable for small/micro transactions. One of the problems is that people would rather use altcoins that are easy to understand, implement and use for small transactions. I wish Bitcoin solved the small transaction issue without necessarily creating another layer that is quite different from the parent. It's more like trying to convince your human community that a squirrel is your child whereas you are human.
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June 23, 2022, 09:05:26 AM
 #237

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
If Lightning  Network available on any gambling site. I definitely will use this Network. Coz Lightning network has complete transcation very quickly and it charge low txh fees. It is very affordable. So this is one of my favorite networks for transcation

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June 23, 2022, 02:50:35 PM
 #238

It would be cool to use Lightning Network for gambling site, because fee are really low and helps me to have a saving with amount that I want to play. Also USDT TRC20 could be a good alternative. Hope that the major

platform will submit an update into their payment method and allow user to deposit with that two method (especially LN, it'd be important).


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June 23, 2022, 03:02:28 PM
 #239

Integrating the use of a lightning network may be good for crypto casinos especially if the casino is dominated by gamblers who use bitcoin as a means of payment as opposed to altcoin which have low transaction fees. In my opinion, bitcoin transaction fees so far are also not very high and I don't think it bothers most gamblers. If at any time there is an increase in transaction fees on the bitcoin network then I think gamblers will use altcoin so I don't think the casino owner will immediately integrate his casino lightning network.

LN may be important, but I'm sure it's not a very urgent need for any casino.

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June 23, 2022, 09:23:37 PM
 #240

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.

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June 23, 2022, 10:34:54 PM
 #241

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.
The more alternative the better which is really a precise line to say which i do fully agree on this one.If ever this one had been implemented out then there's no doubt that people would just embrace it.

Lets see if this thing would happen but since LN isnt really that fully reliable as of this moment or still experimental then its normal that people would really be having doubts whenever
they cant still make use of it.

But basing on my awareness which i have seen some gambling sites are using LN already.Dont know on whats the set-up but it seems it didnt go that well?

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June 27, 2022, 11:33:08 AM
 #242

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.


Would you then be 100% sure to use the Lightning Network if it was available in your favorite casino? Because I'm starting to believe that more than 50% of the people who posted "yes" in the topic, won't actually use it once they learn that it will require an extra step to put Sats in your Lightning Wallet, and another extra step to convert them back to Bitcoin. If you use a custodial service/app like BlueWallet, you would need a third party service like, https://zigzag.io/

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June 27, 2022, 12:11:22 PM
 #243

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.


Would you then be 100% sure to use the Lightning Network if it was available in your favorite casino? Because I'm starting to believe that more than 50% of the people who posted "yes" in the topic, won't actually use it once they learn that it will require an extra step to put Sats in your Lightning Wallet, and another extra step to convert them back to Bitcoin. If you use a custodial service/app like BlueWallet, you would need a third party service like, https://zigzag.io/
I have been hearing lightning network and I don't know how it was even to compare it with the casino gambling game I want to know the difference between this lightning network and bitcoin and the casino game does it mean that this lightning network is a very important to the extent that it consist on it home like a Bitcoin or it is a network that support the industry of Bitcoin procession I think I need more explanation

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June 29, 2022, 05:42:43 AM
 #244

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.


Would you then be 100% sure to use the Lightning Network if it was available in your favorite casino? Because I'm starting to believe that more than 50% of the people who posted "yes" in the topic, won't actually use it once they learn that it will require an extra step to put Sats in your Lightning Wallet, and another extra step to convert them back to Bitcoin. If you use a custodial service/app like BlueWallet, you would need a third party service like, https://zigzag.io/
I have been hearing lightning network and I don't know how it was even to compare it with the casino gambling game I want to know the difference between this lightning network and bitcoin and the casino game does it mean that this lightning network is a very important to the extent that it consist on it home like a Bitcoin or it is a network that support the industry of Bitcoin procession I think I need more explanation
To understand all the advantages of the Lightning Network, you must, of course, try to use this network yourself.  This is not difficult.  By the way, after the legalization of bitcoins in El Salvador, the use of LN there has grown many times over.  Of course, at first it may seem difficult when you need to block a little Satoshi in the channel.  But then everything becomes easy. 

I support those casinos that will introduce such a form of payments as LN.  The more such casinos, the better.

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June 29, 2022, 06:51:42 AM
 #245

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.


Would you then be 100% sure to use the Lightning Network if it was available in your favorite casino? Because I'm starting to believe that more than 50% of the people who posted "yes" in the topic, won't actually use it once they learn that it will require an extra step to put Sats in your Lightning Wallet, and another extra step to convert them back to Bitcoin. If you use a custodial service/app like BlueWallet, you would need a third party service like, https://zigzag.io/
I have been hearing lightning network and I don't know how it was even to compare it with the casino gambling game I want to know the difference between this lightning network and bitcoin and the casino game does it mean that this lightning network is a very important to the extent that it consist on it home like a Bitcoin or it is a network that support the industry of Bitcoin procession I think I need more explanation

To understand all the advantages of the Lightning Network, you must, of course, try to use this network yourself.  This is not difficult.  By the way, after the legalization of bitcoins in El Salvador, the use of LN there has grown many times over.  Of course, at first it may seem difficult when you need to block a little Satoshi in the channel.  But then everything becomes easy. 


Is that true? Because what is implemented by the El Salvadorian government is their Chivo Wallet app, which I believe to be a custodial wallet. The transactions made through the app are not Bitcoin transactions. They're mere IOUs that can be censored.

Quote

I support those casinos that will introduce such a form of payments as LN.  The more such casinos, the better.


It can become quite technical if you want to use it non-custodially. I will ask the Lightning experts how to use it without depending on a third party.

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June 29, 2022, 07:25:08 AM
 #246

Is that true? Because what is implemented by the El Salvadorian government is their Chivo Wallet app, which I believe to be a custodial wallet. The transactions made through the app are not Bitcoin transactions. They're mere IOUs that can be censored.
Am not sure of how true the claims of El Salvador Bitcoin lighting network usage is, however the official government approved wallet in El Salvador is the chivo wallet but then citizens may still use lighting network on a p2p level since i have not read anywhere that El Salvador does not allow p2p transactions. So it is possible that some casinos or p2p exchanges may use LN since it has a cheaper fees and faster network. And if casino use lighting network it will be of a great advantage to their players but we must not also forget the fact that lighting network is a new development in the Bitcoin ecosystem and not everyone is cool with using it at the moment.
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June 29, 2022, 08:11:52 AM
 #247

To understand all the advantages of the Lightning Network, you must, of course, try to use this network yourself.  This is not difficult.  By the way, after the legalization of bitcoins in El Salvador, the use of LN there has grown many times over.  Of course, at first it may seem difficult when you need to block a little Satoshi in the channel.  But then everything becomes easy. 

I support those casinos that will introduce such a form of payments as LN.  The more such casinos, the better.
The use of lightning network increase when some wallets and exchanges like CashApp supported it, it increased further when El Salvador made bitcoin a legal tender but I do not think it is because of El Salvador users that the use of lightning network increased because people using bitcoin in El Salvador are not yet much and most of them use Chivo wallet for it which has cheaper fee because it requires no on-chain transaction.

So it is possible that some casinos or p2p exchanges may use LN since it has a cheaper fees and faster network. And if casino use lighting network it will be of a great advantage to their players but we must not also forget the fact that lighting network is a new development in the Bitcoin ecosystem and not everyone is cool with using it at the moment.
Lightning network will make fee cheaper, the transaction time is also faster. Lightning network is still under development but the project is not more new. Gamblers can make use of it for low amount of money which is what is encouraged for it to be used for.

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June 29, 2022, 08:35:00 AM
 #248

Actually, no.

But simply because I haven't used it for anything yet. On some sites I use I have the option to pay in bitcoin using LN but I haven't done it. I suppose that in time it will become widespread and I will end up using it, but not at the moment. I don't really use altcoins, so I will continue to use Bitcoin and maybe in the future LN, but not exclusively for gambling.

I do not support the lightening network as an alternative to gambling because we have so many options now to deposit our funds on gambling platform with so many coins we can use without bothering ourselves about the lightening network. Many gambling sites now does not use the lightening network so why will I consider it as an alternative.

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July 01, 2022, 08:11:38 PM
 #249

I do not support the lightening network as an alternative to gambling because we have so many options now to deposit our funds on gambling platform with so many coins we can use without bothering ourselves about the lightening network. Many gambling sites now does not use the lightening network so why will I consider it as an alternative.
Altcoins are not  a solution because they are usually more volatile than Bitcoin, they force you to use exchanges to change your Bitcoins against them, and you have to believe in them when you want to gamble big amounts of money. Moreover they often don't provide any reputed wallet to hold them safely outside any platform. LN would allow Bitcoin believers to cheaply gamble without having to let their funds into the casino once they've finished their session.

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July 01, 2022, 08:49:31 PM
 #250

I do not support the lightening network as an alternative to gambling because we have so many options now to deposit our funds on gambling platform with so many coins we can use without bothering ourselves about the lightening network. Many gambling sites now does not use the lightening network so why will I consider it as an alternative.
Altcoins are not  a solution because they are usually more volatile than Bitcoin, they force you to use exchanges to change your Bitcoins against them, and you have to believe in them when you want to gamble big amounts of money. Moreover they often don't provide any reputed wallet to hold them safely outside any platform. LN would allow Bitcoin believers to cheaply gamble without having to let their funds into the casino once they've finished their session.
I want to know for your explanation if there is a big gap between Bitcoin procession in network and altcoins, because if bitcoin can be allowed through lightning network, what is the problem behind altcoin not to be allowed for the process. I think that some casino gambling site is now using altcoins for deposit because starting from the origin and also been a popular it is a bitcoin many people or majority used to fund the account for gambling casino website, it is of recent that some people began to know the important of lightning network every person mentions now or considered as another easy way of processing Bitcoin. I repeat again is there anything that bitcoin can do and altcoins cannot do because I believe that both are a decentralize currency.
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July 01, 2022, 10:32:48 PM
 #251

I do not support the lightening network as an alternative to gambling because we have so many options now to deposit our funds on gambling platform with so many coins we can use without bothering ourselves about the lightening network. Many gambling sites now does not use the lightening network so why will I consider it as an alternative.
Unlike altcoins, Bitcoin is supported by almost all crypto casinos. Therefore, the lightning network seems a better and more practical alternative than using alts. If you are going to use alts and you play on different casinos then you will find yourself forced to continuously exchange coins depending on the casino you are going to play at and the coins it supports.
Another reason, you can use a single wallet to make both on-chain and lightning transactions while in case of altcoins you probably will have to use more than one wallet.

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July 01, 2022, 11:02:47 PM
 #252

Actually, no.

But simply because I haven't used it for anything yet. On some sites I use I have the option to pay in bitcoin using LN but I haven't done it. I suppose that in time it will become widespread and I will end up using it, but not at the moment. I don't really use altcoins, so I will continue to use Bitcoin and maybe in the future LN, but not exclusively for gambling.

I do not support the lightening network as an alternative to gambling because we have so many options now to deposit our funds on gambling platform with so many coins we can use without bothering ourselves about the lightening network. Many gambling sites now does not use the lightening network so why will I consider it as an alternative.
Bitcoin is dominating the crypto market though altcoin is using  a lot of people. But all the altcoin is not usable to everywhere and bitcoin is acceptable almost all the crypto accepted gambling site (both on casinos as well as on sportsbook). So, altcoin might be alternative in few times but we have to depends on botcoin on many places.
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July 02, 2022, 05:42:47 AM
 #253

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I almost never use the lightning network so it will be my first experience using the lighting network if my favorite gambling site provides it. I see betplay provides LN, I might try it there for the first time, I heard the lighting network charges very low transaction fees.

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July 02, 2022, 11:58:35 AM
 #254

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I almost never use the lightning network so it will be my first experience using the lighting network if my favorite gambling site provides it. I see betplay provides LN, I might try it there for the first time, I heard the lighting network charges very low transaction fees.
You have taken a good decision and you have heard the right thing that the fee of Lightning network is too low and it can be confirmed fast then usual. So, it will be a better option to use it if our favorite gambling site use have the option of lighting network for depositing.
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July 02, 2022, 01:18:35 PM
 #255

This question can also be asked in relation to trading platforms and all service sites that enable Bitcoin withdrawals.
In fact, the Lightning Network service is very effective in reducing traffic congestion on the network and the high transfer fees as a result. This was very useful since 2017, when we did not have solutions to address the problems of the Blockchain, but today I do not find this network much useful, especially when the channels on it are not able to accommodate transactions with transfers of significant amounts. On the other hand, gambling sites benefit from the fees they impose on the withdrawal process, so there is no reason for them to complicate matters with additional technical updates and also complicate them for users, especially since only few of them know what the lightning network is and what is the importance of using it and how to use it.
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July 02, 2022, 05:51:21 PM
 #256

I do not support the lightening network as an alternative to gambling because we have so many options now to deposit our funds on gambling platform with so many coins we can use without bothering ourselves about the lightening network. Many gambling sites now does not use the lightening network so why will I consider it as an alternative.
Altcoins are not  a solution because they are usually more volatile than Bitcoin, they force you to use exchanges to change your Bitcoins against them, and you have to believe in them when you want to gamble big amounts of money. Moreover they often don't provide any reputed wallet to hold them safely outside any platform. LN would allow Bitcoin believers to cheaply gamble without having to let their funds into the casino once they've finished their session.
I think bitcoin is the most volatile coin here in cryptos while alts are much more stable. Alts are created because they provide a solution to the known problems of bitcoin. No one is forced here to exchange their coins but it's up to the people if they will do this or not.

If you want to play gambling using altcoins because you think it was faster and cheaper to use then you will definitely need to convert your bitcoin to alts if ever you don't have any on your wallet. It's important to get familiarized with the casino and if what its reputation before you play gambling on them or if you are planning to store your funds on them for quite some time.

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July 05, 2022, 02:19:06 PM
 #257

From all this I think that one of the most feasible ways to be able to use or implement LN is now, the market is at a very low turning point, both BTC and altcoins are going down, some experts say that the worst is over, but It is true, many prefer altcoins because their transactions are very fast and I do not know if there is any kind of statistics that those players who only play and prefer to make their transactions to casinos with BTC, both deposits and withdrawals, have. For some, their eyes may light up when they say that they have the system with LN, but it would be to leave it as an additional service for the benefit of the player, which is not frowned upon either, but because the more altcoins the better, it cannot be denied that this generates attention.

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July 06, 2022, 09:42:00 AM
 #258

I think that LN will be much more in demand in the cryptocurrency gambling industry when the entire cryptocurrency market goes into a bull cycle.  Then the rates of cryptocurrencies will grow and bitcoin and all altcoins too.  And accordingly, all commissions for transactions will grow.  And starting at some point, when the rates of cryptocurrencies become large, many players will notice that spending on transaction fees has already become too large.  And the player should quickly master LN and start saving seriously.  By this time, cryptocasinos, of course, should consider the possibility of using LN in the work of these casinos.  And at the right time to announce it and then increase the number of players.

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July 06, 2022, 11:22:36 AM
 #259

I think that LN will be much more in demand in the cryptocurrency gambling industry when the entire cryptocurrency market goes into a bull cycle. 


Without the help of the biggest exchanges, I believe it won't. The advantage of altcoins over Lightning is it's very easy for new users to convert their fiat and withdraw to any coin they want. But not Lightning because the user is required to do a few extra steps.

Quote

Then the rates of cryptocurrencies will grow and bitcoin and all altcoins too. And accordingly, all commissions for transactions will grow.  And starting at some point, when the rates of cryptocurrencies become large, many players will notice that spending on transaction fees has already become too large.  And the player should quickly master LN and start saving seriously.  By this time, cryptocasinos, of course, should consider the possibility of using LN in the work of these casinos.  And at the right time to announce it and then increase the number of players.


But be careful with the narrative that the Lightning Network will "ALWAYS have ALMOST ZERO fees". In theory transactions in Lightning can become higher than some centralized altcoins if demand is high enough. Channel capacity is limited.

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July 09, 2022, 07:19:58 PM
 #260

I think that LN will be much more in demand in the cryptocurrency gambling industry when the entire cryptocurrency market goes into a bull cycle.  Then the rates of cryptocurrencies will grow and bitcoin and all altcoins too.  And accordingly, all commissions for transactions will grow.  And starting at some point, when the rates of cryptocurrencies become large, many players will notice that spending on transaction fees has already become too large.  And the player should quickly master LN and start saving seriously.  By this time, cryptocasinos, of course, should consider the possibility of using LN in the work of these casinos.  And at the right time to announce it and then increase the number of players.
When the market will be into bull then the price of the transaction fee will be increased. In this case if there available any lightning network available for depositing BTC on gambling site then a lot of user will be able to  convert into lightning network as the fee on lightening network is almost 0.                                                                                                                                                         
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July 09, 2022, 08:21:56 PM
 #261

I think that LN will be much more in demand in the cryptocurrency gambling industry when the entire cryptocurrency market goes into a bull cycle.  Then the rates of cryptocurrencies will grow and bitcoin and all altcoins too.  And accordingly, all commissions for transactions will grow.  And starting at some point, when the rates of cryptocurrencies become large, many players will notice that spending on transaction fees has already become too large.  And the player should quickly master LN and start saving seriously.  By this time, cryptocasinos, of course, should consider the possibility of using LN in the work of these casinos.  And at the right time to announce it and then increase the number of players.
When the market will be into bull then the price of the transaction fee will be increased. In this case if there available any lightning network available for depositing BTC on gambling site then a lot of user will be able to  convert into lightning network as the fee on lightening network is almost 0.                                                                                                                                                         
Recently there's a site already which does accept lightning payment option.

https://macaw.casino/
ANN thread: https://bitcointalk.org/index.php?topic=5405538.0

Checking the link it is under maintenance but it was working few days back but they'll come back soon.
If we do check out the current fees of Bitcoin which is also almost free as of this moment thats why i dont see for it to be significant on switching to LN payment option
although if some do love to play on using this then its up to someones preference and choice but its really good to see another option we do have.

R


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July 09, 2022, 10:18:51 PM
 #262

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I almost never use the lightning network so it will be my first experience using the lighting network if my favorite gambling site provides it. I see betplay provides LN, I might try it there for the first time, I heard the lighting network charges very low transaction fees.
Many casinos I'm using does not use the lightening network because most gamblers that gamble online does not know how to use it. Since customers does not have interest in it, them many gambling Casino choose not to use it because of the lack of knowledge of how to use the lightening network. It is going to take time before the lightening network will be in circulation so we don't need to rush it.

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July 09, 2022, 10:57:09 PM
 #263

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I almost never use the lightning network so it will be my first experience using the lighting network if my favorite gambling site provides it. I see betplay provides LN, I might try it there for the first time, I heard the lighting network charges very low transaction fees.
Many casinos I'm using does not use the lightening network because most gamblers that gamble online does not know how to use it. Since customers does not have interest in it, them many gambling Casino choose not to use it because of the lack of knowledge of how to use the lightening network. It is going to take time before the lightening network will be in circulation so we don't need to rush it.

the prob i am seeing here is that even top trading platforms are not offering the LN, so how can a user transfer his btc from one wallet to another. and most of these users are too lazy to learn on how to use their own wallet to transact via LN. some are just using third party platforms to transfer coins to the casinos. maybe, if exchanges will finally integrate LN, we will see more people or gamblers using LN.

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July 13, 2022, 07:40:07 AM
 #264

the prob i am seeing here is that even top trading platforms are not offering the LN, so how can a user transfer his btc from one wallet to another. and most of these users are too lazy to learn on how to use their own wallet to transact via LN. some are just using third party platforms to transfer coins to the casinos. maybe, if exchanges will finally integrate LN, we will see more people or gamblers using LN.
Unfortunately, indeed, among those who use payments in bitcoin or payments with other altcoins, there really is an opinion about the complexity of LN.  True, it is enough to figure out how to use the channels once, and such a player will immediately appreciate the meager commissions for transactions.  It’s probably worth the wait, also, because interest in LN will be much greater if the bull cycle of Bitcoin begins and commissions on the main network grow.  That's when all Bitcoin-supporting casinos will start implementing payment through LN. 
Just waiting.   Smiley
I always remember the example of El Salvador, where LN was implemented quite quickly after the legalization of bitcoins.

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July 14, 2022, 04:25:36 AM
 #265

I do not support the lightening network as an alternative to gambling because we have so many options now to deposit our funds on gambling platform with so many coins we can use without bothering ourselves about the lightening network. Many gambling sites now does not use the lightening network so why will I consider it as an alternative.
Altcoins are not  a solution because they are usually more volatile than Bitcoin, they force you to use exchanges to change your Bitcoins against them, and you have to believe in them when you want to gamble big amounts of money. Moreover they often don't provide any reputed wallet to hold them safely outside any platform. LN would allow Bitcoin believers to cheaply gamble without having to let their funds into the casino once they've finished their session.
I think bitcoin is the most volatile coin here in cryptos while alts are much more stable. Alts are created because they provide a solution to the known problems of bitcoin. No one is forced here to exchange their coins but it's up to the people if they will do this or not.

If you want to play gambling using altcoins because you think it was faster and cheaper to use then you will definitely need to convert your bitcoin to alts if ever you don't have any on your wallet. It's important to get familiarized with the casino and if what its reputation before you play gambling on them or if you are planning to store your funds on them for quite some time.
I also agree with this motion, many say that altcoins are better because they are currencies that can have cheaper fees and that are really fast in their transactions, and that is fine, but I think that the additional service for LN in a casino it must be very well valued, not everyone has altcoins, and as I said before some altcoins do not have as much strength pro now, the market is very volatile, the btc has dropped in price and that has made the altcoins lose their value in fiat, so For some BTC players who want to take advantage of these movements where the BTC is down and they have fiat, they can buy BTC and play to try to multiply satoshis, which is a very good strategy.

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July 14, 2022, 04:45:22 AM
 #266

I mean a regular gamble must use Lightning network if Lightning network is available on the site Which site they use regularly for gamble. I am also like Lightning network for deposit and withdrawal my assets for gambling site. Lightning network complete soo fast transcation And here the transaction fee is very low compared to the normal network.


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July 14, 2022, 04:58:43 AM
 #267

I mean a regular gamble must use Lightning network if Lightning network is available on the site Which site they use regularly for gamble. I am also like Lightning network for deposit and withdrawal my assets for gambling site. Lightning network complete soo fast transcation And here the transaction fee is very low compared to the normal network.
Yes I agree with your opinion because the lighting network was created for fast transactions and low fees. I think most of the professional gambler used lightning network. I think, gamblers use the network or block chain more if they get fast transactions and low fees.  From this point of view, the use of good alt-coin is also increasing.  Now almost all gambling websites also support these alt-coins which also cost low fee and fast transactions


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July 14, 2022, 08:50:41 AM
 #268

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.
You must be impressed now as this new topic has got so much replies in few months compared to what the previous had in 4 years, I guess back then not much casino owners really understood what the lighting network means

Quote
I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Base on the few information I got, lighting network is the 2 layer of the Bitcoin blockchain which offer an easy and fast transaction just like the speed of light. So if am a casino owner, I guess this will be a better choice to enable very fast deposit and withdrawer of funds, which most customers look forward to in a casino

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July 14, 2022, 11:53:18 AM
Last edit: July 17, 2022, 07:22:23 AM by Franctoshi
 #269

I've been a supporter of the Lightning network right from time, so I would prefer using the lighting since it has come to solving the problem involved with the Bitcoin high cost in transaction fees and even its transaction speed as compared to the other.
I do believe that the LN would help Bitcoin scale more and serve its use as a midium of exchange and bring more people on board since the transaction cost is now very small and anyone can send small fraction of BTC with smaller fees.

R


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July 14, 2022, 11:55:48 AM
 #270

I mean a regular gamble must use Lightning network if Lightning network is available on the site Which site they use regularly for gamble. I am also like Lightning network for deposit and withdrawal my assets for gambling site. Lightning network complete soo fast transcation And here the transaction fee is very low compared to the normal network.
But if I recall not at all are that techie enough on the in/out of how to use the LN, that's sometimes the hindrance to use these kind of technology especially those that are new to this. Good for you mate, it's too convenient and cheap, hoping we don't use off chain in the future and it will be on chain.
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July 20, 2022, 06:28:55 AM
 #271

I mean a regular gamble must use Lightning network if Lightning network is available on the site Which site they use regularly for gamble. I am also like Lightning network for deposit and withdrawal my assets for gambling site. Lightning network complete soo fast transcation And here the transaction fee is very low compared to the normal network.
But if I recall not at all are that techie enough on the in/out of how to use the LN, that's sometimes the hindrance to use these kind of technology especially those that are new to this. Good for you mate, it's too convenient and cheap, hoping we don't use off chain in the future and it will be on chain.
With this I agree.  Quite right. 
I also think that LN has not spread to all bitcoin casinos because there are not enough specialists in the casinos themselves to service such payments.  Moreover, casino devs seem to think that it is also difficult for players to understand LN.  This is partly true, but there are also quite a few who understand LN. 
That is why this great way of fast and cheap transactions is being introduced so slowly. 

But wait for a bullish cycle, interest in LN will reappear.

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July 20, 2022, 06:34:05 AM
 #272


I mean a regular gamble must use Lightning network if Lightning network is available on the site Which site they use regularly for gamble. I am also like Lightning network for deposit and withdrawal my assets for gambling site. Lightning network complete soo fast transcation And here the transaction fee is very low compared to the normal network.
But if I recall not at all are that techie enough on the in/out of how to use the LN, that's sometimes the hindrance to use these kind of technology especially those that are new to this. Good for you mate, it's too convenient and cheap, hoping we don't use off chain in the future and it will be on chain.
Not only that alone is the major setback on lighting network adoption, but the fact that LN is still I new technology and a layer 2 in the Bitcoin network development, not all casinos and exchanges trust lighting network because of the single fact that lightning network is still on a testing mode and have not been approved for use by the wider Bitcoin community.
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July 21, 2022, 12:05:33 AM
 #273

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I almost never use the lightning network so it will be my first experience using the lighting network if my favorite gambling site provides it. I see betplay provides LN, I might try it there for the first time, I heard the lighting network charges very low transaction fees.
Many casinos I'm using does not use the lightening network because most gamblers that gamble online does not know how to use it. Since customers does not have interest in it, them many gambling Casino choose not to use it because of the lack of knowledge of how to use the lightening network. It is going to take time before the lightening network will be in circulation so we don't need to rush it.
What happens is that the more options there are for altcoins, the better, it's normal, most players currently have many altcoins, and this is something that has led us to prefer those casino platforms that have more coins, but there are people who are the whales, who only like to do their transactions in BTC and who like to use LN for this, for them it is much more comfortable, I am not saying that they stop having altcoins, but if they can put LN on the platforms it would be a complete success, and those who don't know how to use it or see what they can do, I'm sure they will learn it. When it comes to cheapening anything, I think people are looking to have it.

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July 27, 2022, 02:54:11 PM
 #274

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I almost never use the lightning network so it will be my first experience using the lighting network if my favorite gambling site provides it. I see betplay provides LN, I might try it there for the first time, I heard the lighting network charges very low transaction fees.
Many casinos I'm using does not use the lightening network because most gamblers that gamble online does not know how to use it. Since customers does not have interest in it, them many gambling Casino choose not to use it because of the lack of knowledge of how to use the lightening network. It is going to take time before the lightening network will be in circulation so we don't need to rush it.
What happens is that the more options there are for altcoins, the better, it's normal, most players currently have many altcoins, and this is something that has led us to prefer those casino platforms that have more coins, but there are people who are the whales, who only like to do their transactions in BTC and who like to use LN for this, for them it is much more comfortable, I am not saying that they stop having altcoins, but if they can put LN on the platforms it would be a complete success, and those who don't know how to use it or see what they can do, I'm sure they will learn it. When it comes to cheapening anything, I think people are looking to have it.

Precisely, using bitcoin with low fees and instant payments is the perfect case for using cryptocurrencies at all. 
For me, bitcoin is a priority compared to altcoins.  There are too many altcoins.  Also, many altcoins are not reliable enough, just remember Solana with her interruptions in the network.  Add all this complexity from the exchange and exchanges, all these damn KYC and you will come to the conclusion that LN is the perfect solution.  Many gamblers are, of course, accustomed to altcoins and it is probably convenient for them to use transfers this way.  For example, Tron is a very good option for crypto casino payments. 

All this, of course, is a matter of habit of a particular gambler.

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July 28, 2022, 12:09:49 PM
 #275

To everyone in the topic who said "Yes" that you'll use the Lightning Network if available. It's currently now available through BetPlay, https://betplay.io/ Cool

I have also suggested in BetPlay's announcement thread, to give free spins for deposits made through the Lightning Network. As a promotion it will help the the casino, and it will also help the Lightning Network. Using Lightning has become very easy with wallet apps like BlueWallet.




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July 28, 2022, 02:22:02 PM
 #276

Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

It is kinda interesting to use.  I might use it for the sake of curiosity but I am not confident in my level of understanding of how the lightning network works.  I am in fear that I might mess up so I will stick on continuing whatever method I am using.

To everyone in the topic who said "Yes" that you'll use the Lightning Network if available. It's currently now available through BetPlay, https://betplay.io/ Cool

I have also suggested in BetPlay's announcement thread, to give free spins for deposits made through the Lightning Network. As a promotion it will help the the casino, and it will also help the Lightning Network. Using Lightning has become very easy with wallet apps like BlueWallet.

Cool! I might check betplay casino and see the workaround of the lightning network.  If ever I understand how it works, and see that LN is way more convenient to use then I will use it.

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coinerer
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July 28, 2022, 02:29:30 PM
 #277

To everyone in the topic who said "Yes" that you'll use the Lightning Network if available. It's currently now available through BetPlay, https://betplay.io/ Cool

I have also suggested in BetPlay's announcement thread, to give free spins for deposits made through the Lightning Network. As a promotion it will help the the casino, and it will also help the Lightning Network. Using Lightning has become very easy with wallet apps like BlueWallet.
Yes it’s seems very good casino site and they currently available Lightning Network.  it is very good way to deposit and withdraw very easily and faster. now if that they give free spin and high deposit bonus then it will help them for better promotion and they will get many potential  gamblers on there site


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July 28, 2022, 08:50:33 PM
 #278

I mean a regular gamble must use Lightning network if Lightning network is available on the site Which site they use regularly for gamble. I am also like Lightning network for deposit and withdrawal my assets for gambling site. Lightning network complete soo fast transcation And here the transaction fee is very low compared to the normal network.
The truth is that the way you use it is how everyone should be aware, and it would be good if it were implemented in all casinos, but I think that a good way to use it and that it can become fashionable is for the casino to have a video or a structure where they explain in a didactic way the benefits that they have when using the LN, this is something that every player should know, I know that it can be annoying for some, but when they realize that they can save money, I think that those who do not they know that it is LN they will be interested, the fees associated with BTC are very important in games, trading and in anything that is of a type of service.

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July 28, 2022, 09:36:33 PM
 #279

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I almost never use the lightning network so it will be my first experience using the lighting network if my favorite gambling site provides it. I see betplay provides LN, I might try it there for the first time, I heard the lighting network charges very low transaction fees.
Many casinos I'm using does not use the lightening network because most gamblers that gamble online does not know how to use it. Since customers does not have interest in it, them many gambling Casino choose not to use it because of the lack of knowledge of how to use the lightening network. It is going to take time before the lightening network will be in circulation so we don't need to rush it.
Not many people that knows what is lightning network even including me I will be sincere to you and tell you that yes I have not used lightning network but i have searched on it, and I know it's proportion. i believe that Bitcoin have its own network variation or network control so emphasising Hyundai lightning network is for people that knows about eating very well also research about it for over someone's so what I want to advise people is that then you should do practice what they know or involve what they know not because people are using what you don't know and you involved yourself in order to answer that you know about it.
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July 28, 2022, 11:44:13 PM
 #280

I mean a regular gamble must use Lightning network if Lightning network is available on the site Which site they use regularly for gamble. I am also like Lightning network for deposit and withdrawal my assets for gambling site. Lightning network complete soo fast transcation And here the transaction fee is very low compared to the normal network.
The truth is that the way you use it is how everyone should be aware, and it would be good if it were implemented in all casinos, but I think that a good way to use it and that it can become fashionable is for the casino to have a video or a structure where they explain in a didactic way the benefits that they have when using the LN, this is something that every player should know, I know that it can be annoying for some, but when they realize that they can save money, I think that those who do not they know that it is LN they will be interested, the fees associated with BTC are very important in games, trading and in anything that is of a type of service.


Up until now, not many players are familiar how to transact via LN.
Maybe, in most casinos and exchanges, you can barely see them integrating LN payment method also.
So for them, whichever is readily available, that's what they will use.
But let's take for example, if LN is available in most top exchanges, do you think people will utilize this network?
I guess, yes. And it will encourage them to transact via LN because of cheaper fees.
However, up until now, even top exchanges are not deploying the LN in their system.
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July 29, 2022, 10:45:21 AM
 #281

Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

It is kinda interesting to use.  I might use it for the sake of curiosity but I am not confident in my level of understanding of how the lightning network works.  I am in fear that I might mess up so I will stick on continuing whatever method I am using.

To everyone in the topic who said "Yes" that you'll use the Lightning Network if available. It's currently now available through BetPlay, https://betplay.io/ Cool

I have also suggested in BetPlay's announcement thread, to give free spins for deposits made through the Lightning Network. As a promotion it will help the the casino, and it will also help the Lightning Network. Using Lightning has become very easy with wallet apps like BlueWallet.

Cool! I might check betplay casino and see the workaround of the lightning network.  If ever I understand how it works, and see that LN is way more convenient to use then I will use it.


Literally ANYONE can use Bitcoin without them understanding how it works, or understand how everything in the network sticks together. All the user has to do is download a wallet, and start "using" Bitcoin. I placed "" on the word using because asking if a user is truly "using" Bitcoin will be for another complicated topic. Haha.

But the point is, you can download a wallet, send Bitcoin to your Lightning wallet, and use it. My suggestion, use BlueWallet app. It's very easy with a good UI/UX.

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July 29, 2022, 04:14:39 PM
 #282

Good enough to an extent bitcoin has been made simplified forbuser to easily navigate through and make transactions but nevertheless we cannot wave away the need to learning the basics in performing these, because some mistakes are not correctible and may cost the gambler, also having this blend with the lightening network makes it more easier for users interested in that, it will always provide with the norms just as expected in gambling.
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July 29, 2022, 07:36:59 PM
 #283

Good enough to an extent bitcoin has been made simplified forbuser to easily navigate through and make transactions but nevertheless we cannot wave away the need to learning the basics in performing these, because some mistakes are not correctible and may cost the gambler, also having this blend with the lightening network makes it more easier for users interested in that, it will always provide with the norms just as expected in gambling.
I want to really ask people who knows about lightning network the function of lightning network encrypto currency because I've seen that many people exercising on this so does it mean that without the function of lightning network cryptocurrency as well or generally cannot be functionable because I began to get confused towards the reactions of people towards lightning network and the Bitcoin reactions and bitcoin network procession so I need more explanation from experience people
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July 29, 2022, 07:41:37 PM
 #284

But the point is, you can download a wallet, send Bitcoin to your Lightning wallet, and use it. My suggestion, use BlueWallet app. It's very easy with a good UI/UX.

I confirm BlueWallet is a good, easy to use tool. Definitely one should give it a try.
About transfers, it is worth to know that sending from LN to “normal” network is usually not so easy and free, you must use proxies/exchanges which increase the overall cost a little.
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July 29, 2022, 08:54:37 PM
 #285

I always prefer to invest in stablecoins at this time.  Because I hold almost all my crypto assets in stablecoins.

BTC is very popular for deposits in casinos even everywhere.
When I deposit a small amount I try to invest with low transaction fees. For example, XRP, BNB, TRX etc

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July 29, 2022, 10:44:52 PM
 #286

But the point is, you can download a wallet, send Bitcoin to your Lightning wallet, and use it. My suggestion, use BlueWallet app. It's very easy with a good UI/UX.

I confirm BlueWallet is a good, easy to use tool. Definitely one should give it a try.
About transfers, it is worth to know that sending from LN to “normal” network is usually not so easy and free, you must use proxies/exchanges which increase the overall cost a little.
I need someone that will brainstorm what do the information of lightning network because I saw some people discuss it and then directing of lightning network which to know exactly the benefits and the beneficiary of lightning network in cryptocurrency when some people is saying this I found it very confusing but this time around I am open to learn the formations of lightning network because I know that it is profitable in Bitcoin since many people are discussing about it
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July 29, 2022, 11:38:34 PM
 #287

But the point is, you can download a wallet, send Bitcoin to your Lightning wallet, and use it. My suggestion, use BlueWallet app. It's very easy with a good UI/UX.

I confirm BlueWallet is a good, easy to use tool. Definitely one should give it a try.
About transfers, it is worth to know that sending from LN to “normal” network is usually not so easy and free, you must use proxies/exchanges which increase the overall cost a little.
I need someone that will brainstorm what do the information of lightning network because I saw some people discuss it and then directing of lightning network which to know exactly the benefits and the beneficiary of lightning network in cryptocurrency when some people is saying this I found it very confusing but this time around I am open to learn the formations of lightning network because I know that it is profitable in Bitcoin since many people are discussing about it
^It is still the same point for me whether you will use a lightning network or not.
The normal transaction could be fast than LN transactions and I think the difference is the transfer fee, it's reasonable for me to pay 5-10 sats per transaction if it is a matter of the transaction speed. Well, LN is good if you want to have a less fee but I think you can afford to pay in a normal transaction which in my mind also helped the BTC miners through the transaction fee.
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July 30, 2022, 12:34:04 AM
 #288

We had already know,the transaction free for the bitcoin was high.It was not reduced yet,this lightning network will do the fast transaction of the bitcoin from casino to your original wallet in a short period of time.So better option for the casino to get huge players is including of lightning network.Most of casino players will like this lightning network option.



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July 30, 2022, 01:51:09 AM
 #289

We had already know,the transaction free for the bitcoin was high.It was not reduced yet,this lightning network will do the fast transaction of the bitcoin from casino to your original wallet in a short period of time.So better option for the casino to get huge players is including of lightning network.Most of casino players will like this lightning network option.
If only All casino online gambling sites offers to activate their Lightning Network deposit and withdrawals? i think everyone of us will use this and also help the spread of Lightning network in how this is best to use specially with using small transaction as this was designed .
but admit it that there are limited sites who has LN in their set up.

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July 30, 2022, 11:40:35 AM
 #290

But the point is, you can download a wallet, send Bitcoin to your Lightning wallet, and use it. My suggestion, use BlueWallet app. It's very easy with a good UI/UX.

I confirm BlueWallet is a good, easy to use tool. Definitely one should give it a try.
About transfers, it is worth to know that sending from LN to “normal” network is usually not so easy and free, you must use proxies/exchanges which increase the overall cost a little.


That's true, but the main reason why it's usually not easy to return the Bitcoin back onchain, if you're using an app like BlueWallet, is because exchanges don't have Lightning deposits available. Anyone won't need to switch from offchain to onchain if Bitcoins in Lightning can be transacted to any exchange, or any Bitcoin merchant/service. It would just be like Bitcoin, but with a different experience.

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July 30, 2022, 09:59:24 PM
 #291

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
To be honest, I think I will just use Bitcoin or any altcoin that I think has cheap transaction fees. Lightning seems a bit technical (i tried learning about it but gave up midway)
I have been able to transfer Bitcoin as 1 sat/vbyte at most times, so I don't think lightning network would be a necessity to me

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July 30, 2022, 10:29:27 PM
 #292

But the point is, you can download a wallet, send Bitcoin to your Lightning wallet, and use it. My suggestion, use BlueWallet app. It's very easy with a good UI/UX.

I confirm BlueWallet is a good, easy to use tool. Definitely one should give it a try.
About transfers, it is worth to know that sending from LN to “normal” network is usually not so easy and free, you must use proxies/exchanges which increase the overall cost a little.
I need someone that will brainstorm what do the information of lightning network because I saw some people discuss it and then directing of lightning network which to know exactly the benefits and the beneficiary of lightning network in cryptocurrency when some people is saying this I found it very confusing but this time around I am open to learn the formations of lightning network because I know that it is profitable in Bitcoin since many people are discussing about it
^It is still the same point for me whether you will use a lightning network or not.
The normal transaction could be fast than LN transactions and I think the difference is the transfer fee, it's reasonable for me to pay 5-10 sats per transaction if it is a matter of the transaction speed. Well, LN is good if you want to have a less fee but I think you can afford to pay in a normal transaction which in my mind also helped the BTC miners through the transaction fee.
What I try to let you know if that I don't really know the usage or the function of lightning network if I should not eat I wouldn't have ask of it explanation because I know quite well that anyone who have the understanding of lightning network cannot ask for help from another person to assist so that is why I have to make my intention open to your suggestion because it may be that you are using lightning network already or you know the function of it
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July 31, 2022, 05:28:42 PM
 #293

The normal transaction could be fast than LN transactions and I think the difference is the transfer fee, it's reasonable for me to pay 5-10 sats per transaction if it is a matter of the transaction speed. Well,
This is not correct. Lightning transactions are way faster than on-chain transactions even if the latter have a high fee rate. Lightning transactions are almost instant hence the name "lightning" and it doesn't cost too much.
But am starting to doubt if implementing it will be beneficial for a casino as it appears there are still many users who do not understand how it works and how to use it.

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July 31, 2022, 06:11:03 PM
 #294

Good enough to an extent bitcoin has been made simplified forbuser to easily navigate through and make transactions but nevertheless we cannot wave away the need to learning the basics in performing these, because some mistakes are not correctible and may cost the gambler, also having this blend with the lightening network makes it more easier for users interested in that, it will always provide with the norms just as expected in gambling.

Unless in the unusual scenario of alterations in an invoice, which I don't think will happen to anybody except when someone's keyboard has been compromised by a keylogger, the lightning network does not have the complicated environment that will constantly cause users to make mistakes.
The lightning network saves a lot of fees, and this will save a lot of fees for both the player and the casino, but I feel that casinos with fixed withdrawal fees will not do this since they won't be able to receive that cuts from players again.

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July 31, 2022, 07:20:02 PM
 #295

I have recently made my first commercial transactions in LN and they went instant and cheap, as expected. I would use Lightning if available because transaction fees are lower and the deposit would be instantly confirmed in my balance, but only for little transactions: some LN wallet providers are able to perform double spend attacks thanks to turbo channels, that's why I wouldn't trust them for big transactions.

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July 31, 2022, 09:26:53 PM
 #296

Lightning network was not implemented in many casino.Because it take additional investment for the casino owners.It was only in the talk,most of them had not implemented.Surely the fast due to lighting will be high as compared to the other transaction.It may be happened in the future.
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July 31, 2022, 09:59:25 PM
Last edit: July 31, 2022, 10:46:39 PM by Saint-loup
 #297

Lightning network was not implemented in many casino.Because it take additional investment for the casino owners.It was only in the talk,most of them had not implemented.Surely the fast due to lighting will be high as compared to the other transaction.It may be happened in the future.
No I'm not sure about that because Lightning Network is mainly used for its speed allowing instant payments, and casinos like to be able to verify if there is nothing wrong with the account of the user before sending him his funds in one hand and need to keep a large bank roll in order to be able to pay out big winnings on the other hand. But I dont think people will want to freely let their funds on casinos after their gambling sessions if they can withdraw them instantly for free. So maybe casinos will accept deposits through LN one day, but I think they will take their time for the withdrawals.

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July 31, 2022, 10:30:20 PM
 #298

I have recently made my first commercial transactions in LN and they went instant and cheap, as expected. I would use Lightning if available because transaction fees are lower and the deposit would be instantly confirmed in my balance, but only for little transactions: some LN wallet providers are able to perform double spend attacks thanks to turbo channels, that's why I wouldn't trust them for big transactions.

Lightning network was not implemented in many casino.Because it take additional investment for the casino owners.It was only in the talk,most of them had not implemented.Surely the fast due to lighting will be high as compared to the other transaction.It may be happened in the future.
No i dont think so because Lightning Network channels have usually a poor capacity. For example in Electrum you can only open channel of less than 2mBTC currently.

it goes to show that one of the limitations with LN is you can only trust them with small amount of money for now. also, one of the major factor that i am seeing is the familiarity of the users to use this network. some just want to stick with the traditional btc network because it is readily available wherever they go, trading platforms, casinos and other crypto-related sites.

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August 02, 2022, 10:21:29 AM
 #299

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
To be honest, I think I will just use Bitcoin or any altcoin that I think has cheap transaction fees. Lightning seems a bit technical (i tried learning about it but gave up midway)

I have been able to transfer Bitcoin as 1 sat/vbyte at most times, so I don't think lightning network would be a necessity to me


The inner-workings under the Lightning Network is technical, like Bitcoin, or like the altcoin you're going to use to replace Bitcoin, or the ATM machine for your cash cards, or also the POS for your credit cards. But you didn't need to understand what goes on technically to start using them, didn't you? We downloaded a Bitcoin wallet and started to receive and send Bitcoin. It can also be that simple with Lightning.

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August 02, 2022, 12:28:51 PM
 #300

Lightning network was not implemented in many casino.Because it take additional investment for the casino owners.It was only in the talk,most of them had not implemented.Surely the fast due to lighting will be high as compared to the other transaction.It may be happened in the future.

As far as I know lightning network is already available in some casinos. Although there are only very few of them offering it just yet, it's good that there are casinos and gambling platforms that allows users to have alternative network to transact on. However, lightning network has some fees in transactions since it is instant. I don't think every gambler actually craves for it especially if there's an additional fee on the top of your transaction. In addition, as of now there's still a limit in the amount you can transact in one transaction. This might be a hassle for those transacting more than their maximum. But hopefully they'll improve its features soon so casinos would be enticed to adapt it in their networks usage.
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August 02, 2022, 01:13:40 PM
 #301

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
There are many gaming websites that allow to enjoy bitcoin gambling with payments using the lightning network, some of which are listed on the LightningNetworkStore.
but so far it seems that the lightning network has not been very popular in the crypto community and the demand is not too much because the lightning network has a fairly large cost according to its speed and it is likely that many do not know how to use it, including I am not too interested in using it because I am more comfortable using the number less deposits.

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August 02, 2022, 06:48:05 PM
 #302

I mostly use top altcoins which are cheap to move, like Litecoin or Dogecoin.
I have never used lightning network to deposit to a gambling site nor an exchange, this is mostly because I am not 100% sure how LN network works yet, I have seen it in action, the payments are fast and very cheap, but I have not taken my time to do my own research so I prefer to go woth things I already know how to use and are very cheap anyways.

I admit I must try it one of these days, when I have got time.

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August 03, 2022, 06:07:09 AM
 #303

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
There are many gaming websites that allow to enjoy bitcoin gambling with payments using the lightning network, some of which are listed on the LightningNetworkStore.
but so far it seems that the lightning network has not been very popular in the crypto community and the demand is not too much because the lightning network has a fairly large cost according to its speed and it is likely that many do not know how to use it, including I am not too interested in using it because I am more comfortable using the number less deposits.
I think that currently there is some balance in the payment methods in crypto casinos. 
Of course, most of the players use different altcoins.  And the most important is low transaction fees.  These people are accustomed to altcoins and they are satisfied with payments.  The implementation of LN seems to be slow because many casinos believe that LN will slightly increase the number of customers.  And therefore they are in no hurry to add such a payment method. 
But still, gradually, I think the implementation of LN will continue, albeit rather slowly.

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August 05, 2022, 12:18:02 AM
 #304

Lightning Network is an option that I really like, but I have a question and I don't want to play dumb, but if I don't ask the experts I wouldn't be able to know clearly, if a person has 100Bitcoins, can they move them with LN? Or LN is only used to send and receive little Bitcoin? If LN is used for people to move Bitcoin to casinos, why don't casinos have LN in a mandatory way to make life easier for them.

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August 05, 2022, 09:09:10 AM
 #305

If LN is used for people to move Bitcoin to casinos, why don't casinos have LN in a mandatory way to make life easier for them.

It is not like it does not exist at all. There are some, which support LN deposits / withdrawals: https://lightningnetworkstores.com/?tags=casino
I do not know if it is a complete list, but for the beginning you may want to check them.
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August 09, 2022, 02:01:40 PM
 #306

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I almost never use the lightning network so it will be my first experience using the lighting network if my favorite gambling site provides it. I see betplay provides LN, I might try it there for the first time, I heard the lighting network charges very low transaction fees.
Many casinos I'm using does not use the lightening network because most gamblers that gamble online does not know how to use it. Since customers does not have interest in it, them many gambling Casino choose not to use it because of the lack of knowledge of how to use the lightening network. It is going to take time before the lightening network will be in circulation so we don't need to rush it.
What happens is that the more options there are for altcoins, the better, it's normal, most players currently have many altcoins, and this is something that has led us to prefer those casino platforms that have more coins, but there are people who are the whales, who only like to do their transactions in BTC and who like to use LN for this, for them it is much more comfortable, I am not saying that they stop having altcoins, but if they can put LN on the platforms it would be a complete success, and those who don't know how to use it or see what they can do, I'm sure they will learn it. When it comes to cheapening anything, I think people are looking to have it.

Precisely, using bitcoin with low fees and instant payments is the perfect case for using cryptocurrencies at all. 
For me, bitcoin is a priority compared to altcoins.  There are too many altcoins.  Also, many altcoins are not reliable enough, just remember Solana with her interruptions in the network.  Add all this complexity from the exchange and exchanges, all these damn KYC and you will come to the conclusion that LN is the perfect solution.  Many gamblers are, of course, accustomed to altcoins and it is probably convenient for them to use transfers this way.  For example, Tron is a very good option for crypto casino payments. 

All this, of course, is a matter of habit of a particular gambler.
Yes, in fact I had a very bad experience with Solana, some time ago I wanted to do a little diversification with altcoins, which I thought were the best, but some time later, before Bitcoin lost so much in price, I sold them (despite being in loss) but I preferred because I saw that it was going to go down a lot, in the case of platforms that offer good withdrawal rates like freebitco,in, stake, I like to bet with BTC, because every satoshi counts for me, so every time you get a profit in sats can become a lot of money in the future, this is something that I have been thinking about for some time, that is why whoever said that BTC=BTC is something sensational, when thinking about that and not about the FIAT money that it represents It is something that at least makes me calmer.

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August 09, 2022, 06:35:16 PM
 #307

I need someone that will brainstorm what do the information of lightning network because I saw some people discuss it and then directing of lightning network which to know exactly the benefits and the beneficiary of lightning network in cryptocurrency

Check this definition given below which I got from the internet, and I'm sure you will know why everybody is supporting the use of a lighting network if made possible to be used for gambling on casinos, because "Lighting network" is simply a second layer on the Bitcoin which offers fast transaction just like the speed of light with low fee, of which Bitcoin p2p is a good example..
So check this out...


Quote
What Is the Lightning Network?
Initially, Bitcoin was not designed to be scalable. It was intended to be a decentralized payment system where the users could remain anonymous and access it from anywhere. However, its popularity was one of its downfalls—transactions became much slower and more costly than intended. Thus, developers created cryptocurrency layers, where the first layer was the primary blockchain. Each layer beneath that was a secondary layer, tertiary layer, and so forth.

Each layer complements the layer above it and adds functionality. The Lightning Network is a second layer for Bitcoin that uses micropayment channels to scale the blockchain’s capability to conduct transactions more efficiently.

This layer consists of multiple payment channels between parties or Bitcoin users. A Lightning Network channel is a transaction mechanism between two parties. Using channels, the parties can make or receive payments from each other. Transactions conducted on the Lightning Network are faster, less costly, and more readily confirmed than those conducted directly on the Bitcoin blockchain

Source: https://www.investopedia.com/terms/l/lightning-network.asp

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August 09, 2022, 06:55:37 PM
 #308

We had already know,the transaction free for the bitcoin was high.It was not reduced yet,this lightning network will do the fast transaction of the bitcoin from casino to your original wallet in a short period of time.So better option for the casino to get huge players is including of lightning network.Most of casino players will like this lightning network option.

Do read what you just posted?
Bitcoin transaction fee could be low as possible but the amount of sats you will be paying depends on the amount of input, output and the type of address you are sending the bitcoin to, you can even set your fee to the lowest minimum of 1 sat/byte if you can wait when the mempool drop to that low but since a gambler will want his deposit to be credited as soon as possible, the lightning network should be the best approach to help in this situation to enjoy low fees in every bitcoin transactions.

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August 09, 2022, 10:24:22 PM
 #309

We had already know,the transaction free for the bitcoin was high.It was not reduced yet,this lightning network will do the fast transaction of the bitcoin from casino to your original wallet in a short period of time.So better option for the casino to get huge players is including of lightning network.Most of casino players will like this lightning network option.

Do read what you just posted?
Bitcoin transaction fee could be low as possible but the amount of sats you will be paying depends on the amount of input, output and the type of address you are sending the bitcoin to, you can even set your fee to the lowest minimum of 1 sat/byte if you can wait when the mempool drop to that low but since a gambler will want his deposit to be credited as soon as possible, the lightning network should be the best approach to help in this situation to enjoy low fees in every bitcoin transactions.
A very good example that shows that there's someone doesnt have the idea on how that sat/byte works and make out some generalization that it is everytime high and he didnt even checked out on whats the
current fee as of this moment and the highest priority is sitting around.
23 sat/vB
$0.75


We do just know on whats the benefit on LN and it would really be that great if it would be integrated with some casinos in the future
and would benefit out.

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August 10, 2022, 05:42:36 AM
 #310

LN is constantly increasing the number of users.
But now, in a period of stagnation in the cryptocurrency market, many do not pay attention to the convenience of using LN in terms of reducing transaction fees. But if fees start to increase in the main Bitcoin network, for example, they become more than $1, then people will start using LN more actively just to save money. That's when casinos will massively introduce LN for the convenience of their players.
It's just not the right time yet. We must wait.

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August 10, 2022, 10:41:28 PM
 #311

I always prefer to invest in stablecoins at this time.  Because I hold almost all my crypto assets in stablecoins.

BTC is very popular for deposits in casinos even everywhere.
When I deposit a small amount I try to invest with low transaction fees. For example, XRP, BNB, TRX etc
I think that for that reason it is necessary to have LN activated in most casinos, some do not see it necessary, but there are some casinos that demand a very high gfee and that can make some players not interact in those casinos, but of course that does not want To say that you do not invest in altcoins or that you do not play or operate with those currencies, the ideal is that all cryptos do not have so much associated fees, I think that in the future we could talk about some casino platforms that do not charge fees because they assume those expenses, or that they simply assume for those cases LN for the transactions.

LN is constantly increasing the number of users.
But now, in a period of stagnation in the cryptocurrency market, many do not pay attention to the convenience of using LN in terms of reducing transaction fees. But if fees start to increase in the main Bitcoin network, for example, they become more than $1, then people will start using LN more actively just to save money. That's when casinos will massively introduce LN for the convenience of their players.
It's just not the right time yet. We must wait.

Yes, in part, many are looking for the best in fees, although for now, thanks to the price of Btc between $20k-$23k, what is charged is not much, so the LN is not taken into account, but I am sure that BTC does Going up to $100k will have a big impact and transactions will be much more expensive and this causes a lot of problems, especially for casinos that move so much money in BTC and some players move small amounts, and I'm sure that at some point the fees of BTC when it is at that price, it will be considerable, so it does not hurt that they can implement it now so that it has full receptivity

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August 13, 2022, 06:11:57 AM
 #312

Lightning network was not implemented in many casino.Because it take additional investment for the casino owners.It was only in the talk,most of them had not implemented.Surely the fast due to lighting will be high as compared to the other transaction.It may be happened in the future.

As far as I know lightning network is already available in some casinos. Although there are only very few of them offering it just yet, it's good that there are casinos and gambling platforms that allows users to have alternative network to transact on.


There are some, but the only casino with its own topic in Bitcointalk, and that has been promoting the Lightning Network more actively is, I believe just BetPlay. The other casinos in Bitcointalk that might currently be accepting Lightning deposits are not known. What other casinos in Bitcointalk accept Lightning deposits?

Quote

However, lightning network has some fees in transactions since it is instant. I don't think every gambler actually craves for it especially if there's an additional fee on the top of your transaction. In addition, as of now there's still a limit in the amount you can transact in one transaction. This might be a hassle for those transacting more than their maximum. But hopefully they'll improve its features soon so casinos would be enticed to adapt it in their networks usage.


Lightning's fees currently are very low, and once you have your Bitcoin gambling budget coverted to the Lightning Network, you'll be enjoying very low fees until you decide to convert back to onchain transactions.

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August 14, 2022, 08:41:28 PM
Last edit: August 15, 2022, 01:54:31 PM by Saint-loup
 #313

If LN is used for people to move Bitcoin to casinos, why don't casinos have LN in a mandatory way to make life easier for them.

It is not like it does not exist at all. There are some, which support LN deposits / withdrawals: https://lightningnetworkstores.com/?tags=casino
I do not know if it is a complete list, but for the beginning you may want to check them.
Thank you for this list, it's a very interesting and useful page. But they should rather present those websites as gambling websites instead of casinos because almost all of them except Betplay are just offering small gambling games in reality. It would be nice if people could make reviews of all the LN gambling sites they have already tested here.

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August 14, 2022, 09:16:56 PM
 #314

although for now, thanks to the price of Btc between $20k-$23k, what is charged is not much, so the LN is not taken into account, but I am sure that BTC does Going up to $100k will have a big impact and transactions will be much more expensive and this causes a lot of problems
That's not necessarily true. The price of bitcoin has no direct impact on transactions fees. Transactions fees are affected by the mempool status. I remember back in late 2017 - early 2018 we had to pay $20 or more in fees for a fast confirmation although bitcoin price was less than $20k, however, when bitcoin reached its ath (~70k) it was possible to get a fast confirmation while paying less than $1 in fees.

Lightening network looks somehow hard to comprehend which is the reason why making casinos and gamblers had stay away from it
This is a common misconception, unfortunately. There are many wallets which make making transactions on the lightning network even easier than making transactions on the main net. Take Wallet of Satoshi as example!

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August 17, 2022, 06:50:39 AM
 #315

although for now, thanks to the price of Btc between $20k-$23k, what is charged is not much, so the LN is not taken into account, but I am sure that BTC does Going up to $100k will have a big impact and transactions will be much more expensive and this causes a lot of problems
That's not necessarily true. The price of bitcoin has no direct impact on transactions fees. Transactions fees are affected by the mempool status. I remember back in late 2017 - early 2018 we had to pay $20 or more in fees for a fast confirmation although bitcoin price was less than $20k, however, when bitcoin reached its ath (~70k) it was possible to get a fast confirmation while paying less than $1 in fees.

Of course, all commissions depend on the load on the network.  If suddenly Bitcoin starts another bull cycle, the activity of the network will certainly increase and the commissions will increase accordingly.  In this case, people will definitely remember LN.  And activity in LN will increase.
And here it is not even necessary for Bitcoin to cost $100K, the process of the bullish cycle itself is important, when many people start investing in Bitcoin in the hope of making money.

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August 17, 2022, 11:26:18 PM
 #316

It is common sense to implement lighting in any payment platform not just on casinos. Even if only a reduced amount of user is taking advantage of it, it is already an attractive feature that can be great to bring new users. Lighting is perfect for people who play at large or want to even have some automated betting around as the channel will make much easier and cheaper to play.

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August 17, 2022, 11:56:05 PM
 #317

It is common sense to implement lighting in any payment platform not just on casinos. Even if only a reduced amount of user is taking advantage of it, it is already an attractive feature that can be great to bring new users. Lighting is perfect for people who play at large or want to even have some automated betting around as the channel will make much easier and cheaper to play.
^ It is Lightning Network.
But why we are rarely seeing such casinos using a lightning network, probably I have doubts about myself this is hard to implement or it become more complicated. However, on my side, I really like this system because everything becomes cheaper from all transactions from deposits until you decided to withdraw your asset. It is good if someone will create a thread that has a list of gambling casinos that accept lightning networks.
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August 18, 2022, 12:16:45 AM
 #318

It is common sense to implement lighting in any payment platform not just on casinos. Even if only a reduced amount of user is taking advantage of it, it is already an attractive feature that can be great to bring new users. Lighting is perfect for people who play at large or want to even have some automated betting around as the channel will make much easier and cheaper to play.
^ It is Lightning Network.
But why we are rarely seeing such casinos using a lightning network, probably I have doubts about myself this is hard to implement or it become more complicated. However, on my side, I really like this system because everything becomes cheaper from all transactions from deposits until you decided to withdraw your asset. It is good if someone will create a thread that has a list of gambling casinos that accept lightning networks.
If we do tend to make out some research about casinos or sites using up LN payments then its already available
but i dont know if it is really that efficient or effective.

https://lightningnetworkstores.com/

Ex.
https://luckydice.com/
https://lightning-poker.com
https://lightning-roulette.com
and more....

R


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August 18, 2022, 06:02:32 PM
 #319

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
There are many gaming websites that allow to enjoy bitcoin gambling with payments using the lightning network, some of which are listed on the LightningNetworkStore.
but so far it seems that the lightning network has not been very popular in the crypto community and the demand is not too much because the lightning network has a fairly large cost according to its speed and it is likely that many do not know how to use it, including I am not too interested in using it because I am more comfortable using the number less deposits.
I think that currently there is some balance in the payment methods in crypto casinos. 
Of course, most of the players use different altcoins.  And the most important is low transaction fees.  These people are accustomed to altcoins and they are satisfied with payments.  The implementation of LN seems to be slow because many casinos believe that LN will slightly increase the number of customers.  And therefore they are in no hurry to add such a payment method. 
But still, gradually, I think the implementation of LN will continue, albeit rather slowly.

Yes, I agree with you, these days most players are looking to get as much money as possible so that they can play at the time they play, and this undoubtedly has a lot to do with the cost of the fee, yes a fee is the minimum possible in price it gives more balance to play, however in a beariwsh market like the one we are in for now with airs of going up, anything can be expected, and the implementation of LN in some cases is being doing but as you say, with a certain slowness precisely because the priorities in the casinos go in another direction, this is something that many should take into account.

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August 19, 2022, 04:49:10 PM
 #320

Lightening network looks somehow hard to comprehend which is the reason why making casinos and gamblers had stay away from it because it looks like it can't solve our present problem since the crypto market is down now and what we are left with is to hold and buy more holdings since there is good chances of the market going bullish.
I don't think it's hard to comprehend for most of them.

It is that, currently, there are fewer users of LN. And that's the reason why we only see at the moment a few of them that implement it. There's still a need to spread the word of it so that not just gamblers but everyone will know about LN.

LN doesn't have to solve the problem of the market now which is likely you're talking about the bear market. It does come naturally and the choice of using it is on the user and not a market reliant decision.

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August 19, 2022, 08:14:31 PM
 #321

It is common sense to implement lighting in any payment platform not just on casinos. Even if only a reduced amount of user is taking advantage of it, it is already an attractive feature that can be great to bring new users. Lighting is perfect for people who play at large or want to even have some automated betting around as the channel will make much easier and cheaper to play.
^ It is Lightning Network.
But why we are rarely seeing such casinos using a lightning network, probably I have doubts about myself this is hard to implement or it become more complicated. However, on my side, I really like this system because everything becomes cheaper from all transactions from deposits until you decided to withdraw your asset. It is good if someone will create a thread that has a list of gambling casinos that accept lightning networks.
He is a legendary member so I bet he already know that it was called lightning network, not lightning but I think he only shortcut it although it's unusual to shortcut it like that but usually people will prefer calling it as LN if they are lazy to type the whole thing.

I've seen LN on many online shops and other platforms but I rarely saw it on crypto gambling sites. Maybe there is an explanation about it that we don't know because we didn't own a casino but only casino owners knows it? For us small time gamblers, we love it when we can only spend less when it comes to depositing and withdrawing. LN can do that job perfectly.

Quote
It is good if someone will create a thread that has a list of gambling casinos that accept lightning networks.
This might help you out -> https://bitcointalk.org/index.php?topic=5255329.0

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August 19, 2022, 08:28:14 PM
 #322

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightening network is not what much casinos are in a look after and same is applicable to the gamblers as well, using a lightening network is by far a better option as long as the conditions warrant such which will help the payment system more faster and to cover as mny as possible transactions within a shortest time but users will always prefer using their altcoins in gambling because they have some varieties of them which are mostly supported by the casino they use.
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August 19, 2022, 10:09:23 PM
 #323

I'm following this thread for quite some time and read almost all replies and what I got is that practically all members agree that accepting LN payments would be beneficial for both users and casinos. This makes me wonder why then only few casinos implemented it?! Does anyone know if there are any downsides (financial or technical) for implementing a LN payment system?

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August 20, 2022, 08:36:26 AM
 #324

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightening network is not what much casinos are in a look after and same is applicable to the gamblers as well, using a lightening network is by far a better option as long as the conditions warrant such which will help the payment system more faster and to cover as mny as possible transactions within a shortest time but users will always prefer using their altcoins in gambling because they have some varieties of them which are mostly supported by the casino they use.


Plus there's a hidden "feature" in using the Lightning Network, "in theory". It's also an off-chain layer not just for faster, and cheaper transactions, it can help with your privacy too. Because if you send yourself a transaction, your transaction in Lightning takes multiple hops, and you receive outputs that are not connected to those UTXOs you sent.

I believe that's one of the "hidden reason" why there's so much disinformation, FUD, and gaslighting regarding basic information about Lightning. There might be entities that don't plebs like us to use it.

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