Post
Topic
Board Bitcoin Discussion
Re: Great News For Bitcoin! Lightening Network First Payment Was Successful!
by
audaciousbeing
on 30/12/2017, 17:38:42 UTC
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.

Reading through the article actually just made my day. Enough of the whole number of days for transaction to confirm or the exceeding high fees that a lot of people have been complaining which have raised the bar for people to come into bitcoin and shut those who into it forced to keep waiting for the situation to be better but today I am happy that a break through is in sight even though it might not be generally available, its something to behold and be happy about.

I must confess I have been waiting for this breakthrough that it seems the developers felt the only way was just creation of unlimited forks. When this is fully rolled out hopefully, we get to see some sanity being restored.