Post
Topic
Board Bitcoin Discussion
Re: Great News For Bitcoin! Lightening Network First Payment Was Successful!
by
sirkings0003
on 02/01/2018, 13:37:59 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.
Woww. If this is can be applied to the main bitcoin framework to improve the scaling issues presently being experienced in bitcoin, then it would be a very big and cheering news for the community.