Quote from: hugeblack on May 17, 2018, 02:10:34 PM

Great news from LN: According to Decker

Quote from: 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/ *
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I am still trying to understand the technicalities that surrounds the Lightening Network as those jargon are too difficult for someone less technically inclined but I am hopeful that this is one that would further makes this technology a bigger one and of the mere fact of comparison with Visa and projected to go beyond Visa in terms of transactions handling based on the what I estimated Visa to be handling every second is surely a project to behold. Just like SegWit, until when I saw how this reduced transaction fees significantly, it still does not make sense to it.

The best is for everyone to be ready to key in this, rather looking for ways to criticize and pull it down without even giving it a chance to prove itself.