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

[Wind_FURY]

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/

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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[Doan9269]

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.

[dataispower]

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

[PawGo]

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.

[wallet4bitcoin]

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

[minime0105]

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

[DoublerHunter]

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.

[CPNpr]

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.

[kotajikikox]

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.

[Wind_FURY]

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.

[JeromeTash]

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

[minime0105]

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

[khaled0111]

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.

[Cookdata]

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.

[Porfirii]

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.

[usekevin]

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.

[Saint-loup]

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.

[AmoreJaz]

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.

[Wind_FURY]

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.

[AicecreaME]

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.