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Author Topic: Question for regular casino players. Will you use Lightning if available?  (Read 3376 times)
dezoel
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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.

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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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