Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Ordinals Inscription an Avenue for Bitcoin Lightning more Adoption
by
Dunamisx
on 09/05/2023, 12:49:49 UTC
3. An exchange named Binance is also planning on integrating Lightning Network to their system considering her recent controversies and withdrawal challenges as a result of the bitcoin network congestion due to ordinals. https://twitter.com/BitcoinMagazine/status/1655587572876279817?t=ZnmNwnEeAlSuqRliHRtvxQ&s=19

This here is the silver lining. If I'm going to guess, Binance doesn't even have a plan of integrating Lightning if it wasn't for this huge block congestion 'issue'. At the very least, at least right now it's just crypto peeps flipping jpegs — not much of the actual layman trying to transact with bitcoin. Better to have this congestion issue early on today, than in the future.

It got me pity on those still having huge asset with centralized exchanges now that things were going hard even for the exchanges considering how some of them are going bankrupt, everything Binance is doing is in consideration of it own efforts to maintain it's business running and not for the investors having their asset with them, everything will soon die down and by then, we will know the true identity of them all and see where the Ordinals will ended with it's story.