What Is The Lightning Network And Will It Save Bitcoin?

in #bitcoin3 years ago (edited)


Bitcoin along with its unprecedented success has encountered a bump when people are starting to use it for mass adoption.

Mainly scalability and transaction fees are some of the major issues the platform has to tackle before any improvement to its usage and new period of growth can be expected.

Lightning Network offers viable solution so that Bitcoin will grow to its new phase of development and ultimately become as to what its original creator and pioneers of the community originally aspire. The new kind of money that will free ordinary people from the claws of banks and financial institutions.

Watch on my videos and learn what Lightning Network is all about and also judge it yourself if indeed this can be the ultimate solution to the current issues Bitcoin is facing nowadays.

Watch it on my YouTube channel:

or on WildSpark. Just click the image below:
synereo-wildspark.jpg

Follow me @arnel, if you have not done it yet...

Join WildSpark and get paid just by creating or sharing good contents from the internet

Subscribe on YouTube

Like us on Facebook

I will be HODLING STELLAR LUMENS long term! I believe this coin has great value, not only great technology behind it but also superb team of developers. It is like Bitcoin and Ripple rolled into one.

Your donation/tip is always appreciated. Send your STELLAR LUMENS here: GAZDDACNZ44HY5DI3JJOQ7FZDFC3VWPUVO6EGCBHE5YTAJAJPMU3VSCT

resteem vote comment.gif


▶️ DTube
▶️ IPFS
Sort:  

Awesome video. Thank you for sharing!

Thanks, I appreciate you dropping by and giving some good comment.

Thanks for the post! It would also be noted that Litepay is coming out soon to compete with existing players like Bitpay. Before the lightning network is released publicly and tested, BTC may be stressed with the increasing adoption of altcoins.

See my analysis of the impact of Litepay on LTC here:
https://steemit.com/cryptocurrency/@cryptovate/litecoin-s-litepay-to-bridge-fiat-and-crypto

Looking forward to it, the more ways we can convert from altcoins to fiat and fiat to altcoins the better....

Congratulations, Your Post Has Been Added To The Steemit Worldmap!
Author link: http://steemitworldmap.com?author=arnel
Post link: http://steemitworldmap.com?post=tt25g2ss


Want to have your post on the map too?

  • Go to Steemitworldmap
  • Click the code slider at the bottom
  • Click on the map where your post should be (zoom in if needed)
  • Copy and paste the generated code in your post
  • Congrats, your post is now on the map!

This post received a 1.050 SBD (15.35%) upvote from @upvotewhale thanks to @arnel! For more information, check out my profile!

This post has received a 11.40 % upvote from @morwhale thanks to: @arnel.

This post has received a 10.00 % upvote from @getboost thanks to: @arnel.

Release the Kraken! You got a 9.82% upvote from @seakraken courtesy of @arnel!

Coin Marketplace

STEEM 0.15
TRX 0.03
JST 0.027
BTC 13022.43
ETH 393.18
USDT 1.00
SBD 0.98