Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
LN: Bitcoin could theoretically scale beyond VISA.
by
hugeblack
on 17/05/2018, 14:10:34 UTC
⭐ Merited by ebliever (2) ,Red-Apple (1)
Great news from LN: According to Decker

https://coinjournal.net/scaling-layer-2-and-cryptographic-innovations-discussed-at-consensus-2018/]
each channel can process about 500 transactions per second. With thousands of channels being utilized at once, Bitcoin could theoretically scale beyond not only any other cryptocurrency but any other payment method, including VISA.

In addition to the talk about scaling, Decker explained that using the lightning network would be impossible to track sending/receiving bitcoins, as long as the user has more than one open channel.
After all this, Bitcoin Cash fans are still surprised by all the positive about the lightning network.

Read more and source https://coinjournal.net/scaling-layer-2-and-cryptographic-innovations-discussed-at-consensus-2018/ *
* This text from the middle of the conversation.[Scroll down the cursor]