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RE: My first experience ever with BITCOINS’s LIGHTNING NETWORK – PAINS and GLORY!

in #bitcoin7 years ago

This is the best article I've read on lightning network. I need to learn more about it. Do you feel there will be any advantages or disadvantages of using bitcoin vs litecoin on the LN?

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Hi @realestatecoach,
I believe Bitcoin and Litecoin will be interchangeable though atomic swaps. Bitcoin will be used in a similar way to Gold (for large transfers and wealth storage), Litecoin like silver and Lightning Network and other second layer solutions will be used for day to day transactions. The Internet will look very different, most good content on it will be accessible through micropayments, not through ads and selling of your private info like today.