MultiversX Tracker is Live!

What is the problem of Lighting Network?

Bitcoin Reddit

More / Bitcoin Reddit 271 Views

I am not as technical as some of you. So I do experiment to see it with my own eyes. I have downloaded some lightening network wallet and sent BTC there and checked.(Wallet of Satoshi and Breez)

It freaking works seamlessly. I forced my girlfriend and some of my friends to download those apps and sent them some Sats. For small amounts, there is no fee and it's super fast with just QR code.

I can literally see the real life application here... let's say you have a food truck and you accept payment through those apps.

Only downside was when I send back BTC to my wallet(on chain) it cost me 13000 Sats which I don't think is major problem(in real life, I don't think consumers are gonna send it back to on-chain often)

With Taproot being locked, I think it will be even better.

So the question is what is the hold-up for more wide adoption here? Tax? Regulation? People don't wanna use up their BTC?

submitted by /u/standingpaper
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments