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RE: Lightning Network and the future of Bitcoin

in #vincentb • 7 years ago

I have tried to transfer bitcoin earlier this morning and I was shocked with the result. The transaction fee is much lower and the speed is a little bit faster. I don't if this is the effect of LN or just because of the low volume. Anyways, you can check it here https://steemit.com/bitcoin/@vhmcrypto/bitcoin-transaction-fee-and-speed-january-30-2018 and comment your thoughts! Have a good day!

7 years ago in #vincentb by
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     7 years ago 

    As stated in my last post, the LN is only running in the Testnet, the developers recommended to avoid using the Mainnet for LN, which net were you using?

    https://steemit.com/bitcoin/@santana33/market-view-29-01-btc-lightning-update-and-tether-scandal-bandwidth-glitch-did-not-allow-me-to-post-yesterday

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     7 years ago 

    You got a 6.96% upvote from @minnowvotes courtesy of @santana33!

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       7 years ago 

      I've checked that and there's definitely an improvement. But the perception is more important than reality in terms of markets behaviour. Maybe if this trend keeps up for a few weeks we'll see how it reflects in bitcoin prices

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