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RE: Understanding Lightning in Simple Terms and What It Means for YOU + GET 100SP delegated to you!

in #bitcoin7 years ago (edited)

run your own lightning node and see $0.15USD transactions confirmed in 1 block
https://medium.com/@jadmubaslat/bitcoin-lightning-network-node-easy-setup-tutorial-for-windows-desktop-users-a-how-to-guide-9937b5a8a669

this is not in the wild or theory

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From very near the top of the post in bold:

"Keep in mind, this is currently for testnet BTC ONLY right now. "

Yeah, OK.

Are you just shilling for Blockstream or do you actually believe this theoretical lightning that only is approved for use on testnet has solved Bitcoin scaling?

It comes with a lot of disclaimers, e.g. "don't use it or you're at risk of losing your funds."

Listen to Rick Falkvinge. He explains some of the potential problems with LN.

I know the problem however LN is now in mainnet and has been successful, it basically beta mainnet and based on current progress it will fully launch on April-June

Um that link is not a good main net LN node link. Here is a better one: https://medium.com/@dougvk/run-your-own-mainnet-lightning-node-2d2eab628a8b

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