RE: Lightning Network and the future of Bitcoin

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Lightning Network and the future of Bitcoin

in vincentb •  7 years ago 

I hope that the Bitcoin devs do stop their constant infighting and do come up with a solution to Bitcoin's high transaction fees and slow transaction times woes before it becomes completely obsolete.

vincentb
7 years ago by

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      ·  7 years ago 

    Completely agree, banks are currently outperforming bitcoin in that sense :(

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    1 vote
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      ·  7 years ago 

    Hi! Looks like you haven't transferred bitcoin in a while. Hope this helps. https://steemit.com/bitcoin/@vhmcrypto/bitcoin-transaction-fee-and-speed-january-30-2018 :)

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      1 vote
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        ·  7 years ago 

      I agree with you. It is very expensive to do a bitcoin transaction. Hopefully Bitcoin cash and Ripple will able to help reduce the cost. More companies will start taking other cryptocurrencies.

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        1 vote
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          ·  7 years ago 

        Maybe bitcoin won't be needing lighting network anytime soon? The latests news –

        Is Bitcoin is going to crash by 80% more?

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          [-]
            ·  7 years ago 

          Bitcoin may go down all the way to $5000 to find support, but once the LN and other security features are implemented, there is potential for it to recover rapidly.

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            ·  7 years ago 

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            [-]
              ·  7 years ago 

            Well now there's something I can get behind, because now the last thing we need is for Bitcoin the flat-out crash. (the complete and utter nightmare/disaster that would be)!! : O

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                ·  7 years ago 

              I heard a rumor that Litecoin will implement LN before Bitcoin. I wonder what the impact will be on Bitcoin if that happens.

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