Post
Topic
Board Bitcoin Discussion
Re: zomg lightning netowrk payment is fast as heck
by
daweller1
on 04/03/2023, 04:40:52 UTC
Yeah LN is pretty sick. I haven't used it myself but I've watched videos of people using it and they hit the button and literally a second later (or less) the other person has received the money.

As a network protocol its got some tradeoffs and still seems to need work and improvements that will hopefully hide some of those tradeoffs, but in terms of being able to send cheap and instant payments with Bitcoin its pretty amazing.


Bitcoin base chain is great for storing wealth and moving money around and buying things on the internet, but LN makes Bitcoin work for buying things in person where you need that instant payment.

Yes. Also, how long has LN been around? I think the first transaction was only in 2019... so it's just a baby, and it already performs beautifully... maybe a few kinks to work out, but it just needs a few years and it will only get better.