Post
Topic
Board Development & Technical Discussion
Re: congested mempool & LN
by
bettercrypto
on 16/05/2023, 09:04:20 UTC
I think this is the perfect time for Lightening Network to prove its importance to everyone and even its doubters.
Why? Because Binance thinks on adopting it? Lightning is already accepted in lots of exchanges. In fact, it was just yesterday that I mentioned some.
More exchanges are using lightning network. You can look at these exchanges, they are all supporting lightning network:

There are many exchanges that support lightning network. You can check the list: https://github.com/theDavidCoen/LightningExchanges

If you click on that link, there are 25 exchanges there that are now supporting lightning network.

  • Kraken
  • Bitfinex
  • Bitstamp
  • OKX
  • OKcoin
  • NiceHash
  • TheRockTrading (excluding it because it is said to be a scam exchange and no more existing)
  • Southxchange
  • CoinCorner
  • BitMex
  • Buda
  • BullBitcoin
  • Bitaroo
  • River Financial
  • VBTC Vietnam
  • FixedFloat
  • LOFT
  • PrimeBit
  • SimpleFX
  • BitcoinVN
  • Bipa
  • Boltz
  • Kollider
  • LN Markets
  • Tauros

I excluded Paxful because it is no more existing.

Paxful has begin operation back, it is no more closed.

This is the beauty of the lightning network, because it makes it faster and cheaper to use it for smaller purchases. And on top of that it (LN) lowers the fees they have to pay to accept the Bitcoin payment we make.

Apparently, it simply makes it scalable, more cheaper and even improves bitcoin's privacy in every transaction.