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7294123 No.7294123 [Reply] [Original]

January 22 LIGHTNING NETWORK CROSSES 100 NODES, SEGWIT NEARS 20% DOMINANCE bitcoinist.com/lightning-network-100-nodes-segwit/ /

So far the protocol has surpassed 610
https://news.bitcoin.com/vpn-provider-now-accepts-lightning-network-payments/

February 2 Lightning Network Reaches 1,000 Mainnet Payment Channels
https://www.ccn.com/lightning-network-reaches-1000-mainnet-payment-channels/

February 4th, current situation: 1727 NODES
5657 CHANNELS

https://explorer.acinq.co/#/


It's exponential and this is just testnet. It's gonna explode BTC.

>> No.7294187

>>7294123
So this is good news

>> No.7294256
File: 206 KB, 474x528, 1414099419255.png [View same] [iqdb] [saucenao] [google]
7294256

But what of Ethereum?

>> No.7294332

>>7294123
And the market has reacted according

>> No.7294415

>>7294123
How can i buy lightning network

>> No.7294616

>>7294415
ICO starting in 3 days, 50% bonus if you invest your life savings

>> No.7294883 [DELETED] 

but muh nano rebranded binance'd moon!!!

>> No.7294893

Honestly this is bullish for me
Market falling but LN still well on its way.

>> No.7295003

Is this just a shill?

>> No.7295005

>>7294123
So this is the reason for the current BTC moon!!!

>> No.7295052

It's not yet but it will be when the hype wakes up

>> No.7295077
File: 34 KB, 418x565, imggimi.jpg [View same] [iqdb] [saucenao] [google]
7295077

>>7294123
Lightning is a bad solution

>> No.7295095

LN will revolutionize cryptos as we know them today. There will be widespread merchant adoption similar to 2013 but on a scale that's 100x larger.

>> No.7295132

>>7295077
How so?

>> No.7295175

>>7294123
fucking whales selling the news

>> No.7295197

>>7295132
Cuz bcash is duh real bitcoin, duh.

>> No.7295247

BTC + LN is anything but Bitcoin, it's an experiment with no future.

>> No.7295340
File: 1.13 MB, 271x336, giphyjones.gif [View same] [iqdb] [saucenao] [google]
7295340

>>7294123

Lightning Network is not Bitcoin - anything that's offchain is not Bitcoin. The only time it is Bitcoin again is when it's mined into a block. Other than that, it's just IOUs passing around a network with routing issues.

>> No.7295363

>>7294123
It honestly just makes me extremely sad when someone shills Lightning. As if it was a good thing at all. But of course hardly anybody does their research and the people looking to lightning as a wonderful solution are the quintessential proof of that fact.

>> No.7295438

>>7295132
Lightning makes BTC more centralized.

>> No.7295473

Will this positively affect the price of the Raiden Network as well? Also Trinity mabybe? Thoase are the Lightning versions for ETH and NEO

>> No.7295588

>>7295340
this

shits a joke, BTC is dead

>> No.7295612

>>7295588
BTC is done

>> No.7295749

>>7295340

This exactly.
Bitcoin has been designed to end trading IOUs as money, which what the banking system does.
Then Blockstream artificially slows down the network and says, let's start trading IOUs as the solution to the scaling problem.

>> No.7295781

Ive been in crypto for 6 months and understand decentralization and the principles behind btc, but turn into a brainlet when i hear people mention segit and lightning network. Shit doesnt make sense, granted i only read it in passing so i dont understand the context.

Is segwit/LN seperate from btc? Are they forked networks? Are they still btc as we know it?

>> No.7295807
File: 25 KB, 609x343, 1505880806270.jpg [View same] [iqdb] [saucenao] [google]
7295807

>>7295749
>Blockstream

>> No.7296024
File: 121 KB, 938x716, bitcoin bilderberg 1517777370031.jpg [View same] [iqdb] [saucenao] [google]
7296024

>>7295781

>> No.7296059
File: 869 KB, 790x524, 1514322833221.png [View same] [iqdb] [saucenao] [google]
7296059

>store of value
>loses over half its value

>> No.7296169
File: 696 KB, 792x461, bch vs btc 2.png [View same] [iqdb] [saucenao] [google]
7296169

>>7295781
-

>> No.7296197
File: 850 KB, 960x960, History of Bitcoin.png [View same] [iqdb] [saucenao] [google]
7296197

>>7295781
--

>> No.7296253

>>7294256
shitcoin

>> No.7296302

>>7295781
https://www.youtube.com/watch?v=UYHFrf5ci_g

>> No.7296365

>>7296302
Who gives a shit? Bitcoin is fucking trash

>> No.7296383

>>7295438
Lightning was Satoshi's idea

>> No.7296443

>>7294415

Xlm

>> No.7296559

>>7296383
>satoshi

>> No.7296623

Please explain to a brainlet - if blockstream is ruining btc, what would have occurred without their involvement. If Btc continued as is, don't scaling issues arise anyhow?

Muhhh increase block size - doesn't scaling issue still inevitably arise?

>> No.7296641

>>7296302
Thanks for this. Fuck the banks first and foremost

>> No.7296932

>>7296383
You blockstream guys are really out of ideas

>> No.7297331

>>7296302
What a disgusting video.
>Avg. tx fee matters
>Load a channel = Checking account (lmao)
>Free market competition won't occur on a network were anyone with resources can run a node, nobody will want to profit of non competitive fees.
Absolutely false propaganda. You can at any time say "fu" to the channel you've opened and submit it to the Bitcoin main chain, you control your money.

>> No.7298297
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7298297

>>7296383