Question for regular casino players. Will you use Lightning if available?

[pakhitheboss]

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.

[1715144969]

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[MrcMrc]

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.

[Don Pedro Dinero]

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.

[delfastTions]

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.

[Dunamisx]

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.

[slaman29]

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

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

[pakhitheboss]

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.

[delfastTions]

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.

[virasisog]

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.

[Markinzo]

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.

[wiss19]

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.

[LUCKMCFLY]

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.

[Wind_FURY]

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.

[delfastTions]

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.

[Desmong]

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.

[Ucy]

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.

[smartaction]

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

[Gianluca95]

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).

[skarais]

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.

[paxmao]

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.