Sup guys!
I think this is a very important piece of info as we all kinda doomed bitcoin, but this might be a breakthrough.
The lightening network is a technology basically adds a layer of tech that can be a scaling solution for bitcoin, its supposed to prevent the high fees and slow transactions, with the same level of security.
A few days ago the first payment using the lightening network was successful, it was made to pay a phone bill.
The payment was INSTANT, and the fees were ZERO.
Here's the full article -
https://www.coindesk.com/payment-provider-bitrefill-runs-successful-lightning-transaction-test/Bottom line - the lightening network could solve most of the problems with bitcoin - if it does, its a huge step forward in terms of bitcoins scalability, meaning itll be easier to get mass adoption and use BTC for day-to-day transactions, and generally will be great news for the whole crypto section.
This is indeed pretty good news. The fact of the matter is that Bitcoin is layered away from the general public due to this fear that they won't be able to get their money out due to the fees. If it's the case that transactions go through instantly (or at least quickly), then people won't be afraid to move towards using it as a currency. Right now, I feel like Bitcoin is more of an investment for people rather than a usable currency. Ideally, Bitcoin should be both of the above with the benefits of both so that we can move into a more tech driven world.