Post
Topic
Board Bitcoin Discussion
Re: LN: Bitcoin could theoretically scale beyond VISA.
by
ETHtotheMOON1
on 11/07/2018, 10:27:56 UTC
Great news from LN: According to Decker

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]


I'm really excited about the lightning network either. What we need to do though is to make sure regular users won't even recognize that there is any difference while using it, otherwise it might be too confusing for them