Quote from: TravelMug on June 07, 2020, 05:57:44 AM

Quote from: Flux0z on June 05, 2020, 09:06:02 AM

Quote from: TravelMug on June 05, 2020, 12:23:27 AM

Quote from: Flux0z on June 04, 2020, 11:23:57 PM

Quote from: TravelMug on May 17, 2020, 12:20:44 AM

Quote from: ene1980 on May 16, 2020, 11:27:58 PM

Quote from: TravelMug on March 13, 2020, 01:53:16 AM

Who is hating Lightning Network? when we can save a lot of transaction fees although it has some limitations. But it could really help in a way, specially if we go on another parabolic run choking the network.

So if you wanted to pay someone, you can take advantage of LN, open a channel so that the other party can issue the payment without adding congestion to the network, p2p, off-chain transaction.

As mentioned the only issue with me is the limitations and trusting a random channel expecting that i could trust them. We are seeing the adoption for a while but for a major adoption we need to have a friendly interface and i expect electrum or similar companies to come up with Lightning Network integration that could help anyone to start a channel easily.

Right now the bitcoin transaction are congested and it is taking several hours to get a confirmation. I hope majority of the exchanges starts accepting LN to avoid the delay.

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That's awesome news, wasn't aware of that. Definitely good news whenever I see the Lightning Network intergrated in blockchain projects, wallets etc.

Electrum devs have been working since last year, and this is very much anticipated event specially if they can release and go live this year.

Regarding trust, well we can also say that to exchanges and wallets that we used. Can we trust a fully DEX exchange like Binance or Coinbase? Another good news is that Kraken, one of the biggest exchanges out there, has plans to roll out LN as well.

https://twitter.com/pierre_rochard/status/1265835635862093824

It will be huge for crypto community if this plan push through as well. And I'm sure other crypto exchanges doesn't want to be left behind and this will be the new norm in the future.

That's pretty dope man. I know Bitfinex also plans to support LN payments, if they don't already.

The Binance "DEX" is not decentralized, I hope you're aware of that by now, otherwise now you know. Truly decentralized exchanges doesn't need to be "trusted", since they are trustless.

I'm pretty excited for the release of the Stakenet Lightning DEX, I'm sure it will be a huge success. Been beta testing it for awhile, and it looks like it's ready for public release within a week or 2 max..

Yeah, it's going to be big if they can roll it out this year, and for sure many DEX will follow on their path and implement LN itself. Binance DEX? I agree they are not that decentralised, they just put it up to attract traders, but a wise and intelligent traders knows what they are doing from behind.

Will keep an eye on the Stakenet Lightning DEX and do hope that it will be a huge success. It is very different concept (LN + MN), for sure everyone is excited about this one.

It's indeed a very interesting approach they've going on here, and from the tests I've seen on the DEX itself, I can safely say that it's going to be a game changer.

Anyone will be able to trade freely, instantly, and with very low fees, between all their favourite coins and tokens, doesn't get any more convienent than that!