Quote from: Anon136 on July 10, 2018, 08:29:48 PM

Quote from: ahmad21 on July 10, 2018, 08:15:47 PM

I believe there is no worthy android app still using the LN.

You should try this app that I'm using if you haven't (Bitcoin Lightning Wallet). So far its worked like a dream. I would say that it isn't very polished and it requires user interaction that will ideally be done away with in future projects, but as long as you understand the basics of what is going on it works perfectly, nary a hiccup. If the first day of playing with it is representative of what I am going to continue to experience with it in the future, I would say that it is ready for me personally to start using in my day to day life.

I just paid a penny to see a meme and 4/10ths of a penny to leave a comment about the meme. Dumb I know but it's fun because you can see the humble beginnings of so much potential.

Well I will surely try the app with a few bits but I will wait for LN to get out of the development stage completely and become free from any bugs and errors because I am really not into losing my money. Moreover, I am really sorry but I am never going to trust a new app with merely 1000 downloads so far with my funds. So will wait for app to grow a bit to organic users.

Quote from: BitCryptex on July 10, 2018, 08:35:11 PM

Quote from: ahmad21 on July 10, 2018, 08:15:47 PM

I believe there is no worthy android app still using the LN. Moreover I can hardly found of an worthy android app already with Segwit too. Mycelium the most popular android wallet still doesn't uses it Segwit. LN is still a whole long way to go.

Talking about its proof issues how do you feel it will affect the price of bitcoin? I mean I have rarely seen anyone talking about its impact over the price of bitcoin. Because obviously LN might make BTC ready for a immediate mass adoption at a cost of bit of centralization or maybe channelization would be more appropriate.

If you are only interested in a Bitcoin SegWit Android wallet then check out Samourai. The developers are mainly focused on the security and privacy, it supports both nested and native SegWit. Mycelium became a bit shady some time ago.

I feel that LN will have a huge impact on the Bitcoin price in the future but we are still suffering from FUD and probably price manipulation. Also, we should not focus on the price, adoption is the most important factor here. Why do you think that LN is a bit centralized? Because of the people who connect to nodes which a huge amount of channels? Once LN network grows, it won't be a problem.

I have found Samourai to be a pretty useful app for android but I think I will be much more happier if Electrum comes in with a better version of their android app. I mean it sucks when you compare it with the desktop version which is just too good. The mobile version suffers a whole lot of problems.

Moreover, yes I think you are right mass adoption can only be done if forget about price variation. But my problem here is that if the whale play goes on mass adoption will become difficult because people will always be afraid about what they are holding or spending.

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Quote from: ahmad21 on July 10, 2018, 08:15:47 PM

I have a pretty dumb question maybe. These channels which we obviously know will be on the bitcoin network. So won't any opened and later unclosed channels act as a mighty traffic over the blockchain? I mean if it happens that will again bring us to the same issue.

That's true, you still have to broadcast a transaction to open and close the channel, but it's paying off if you are often paying some bitcoins to a specific service (instant and cheap transactions). There is a service which offers conversion from LN to on-chain funds and vice-versa without reopening a channel. As far as I remember, there is an idea which can help us to lower the size of the initial transactions - Schnorr signatures, new BIP related to this has been recently released. You should also check out Channel Factories.

Opened channels do not have any impact on the Bitcoin Network beside coins being locked up in multisig addresses.

Will surely have a deep look into these resources this question has been in my mind for quite some time now. I believed that opened channels could make the condition worse.