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RE: Lightning Network and the future of Bitcoin

in #vincentb7 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!

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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

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

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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