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RE: Lightning Network and the future of Bitcoin

in #vincentb7 years ago

I hope that the Bitcoin devs do stop their constant infighting and do come up with a solution to Bitcoin's high transaction fees and slow transaction times woes before it becomes completely obsolete.

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Completely agree, banks are currently outperforming bitcoin in that sense :(

I agree with you. It is very expensive to do a bitcoin transaction. Hopefully Bitcoin cash and Ripple will able to help reduce the cost. More companies will start taking other cryptocurrencies.

Maybe bitcoin won't be needing lighting network anytime soon? The latests news –

Is Bitcoin is going to crash by 80% more?

Bitcoin may go down all the way to $5000 to find support, but once the LN and other security features are implemented, there is potential for it to recover rapidly.

Well now there's something I can get behind, because now the last thing we need is for Bitcoin the flat-out crash. (the complete and utter nightmare/disaster that would be)!! : O

I heard a rumor that Litecoin will implement LN before Bitcoin. I wonder what the impact will be on Bitcoin if that happens.

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