( Ask ) How's Lightning Network today ?

[Alex9876r 1408]

It represents the second layer of the Bitcoin blockchain, if possible, to say, although there are some stumbling blocks, but it is considered a new technology and will be worked on improving it.

[BraveHeart01 1569]

What is lightening network  actually  ? I am tackling this for the first time in your topic, is it any kind of addition  to the blockchain or it is another system that can replace the blockchain?

[Mansoor sumaan 29 0]

I don't know much about it but this not what I can eat a lot of improvement to be successful in the world. Implementing of such technologies is very good for us. We should focus on deal kind of technology to make them successful. the making of such a kind of successful technologies is very important.

[Barbarellah 2225]

I see that there are many lost regarding the project. The Lightning Network protocol is a protocol designed to improve the scalability of Bitcoin, working as a second layer on top of Bitcoin, in order to make instant transactions with very low commissions. Currently, the normal Bitcoin network can only process 7 to 8 transactions per second, a capacity that is considered very small for the great boom that this cryptocurrency is presenting at the moment. As a result, the Bitcoin network becomes slow and with high fees when it comes to paying transaction fees.
With regard to releases or updates, the last thing that was reported so far is that the network presents some vulnerabilities that have to be corrected before putting it into operation.

[Goyaa 2414]

Lightning Network is a relatively new technology and is still under development. As such, several related issues are still being resolved. In my opinion, using the lightning network has a weakness in the transaction system, transactions are prone to bitcoin theft because the lightning network relies on third parties. Transaction fees using the lightning network are also quite expensive. So I prefer to use regular transactions.

[Alimhana930 1605]

The main problem with this network was privacy, except that it expanded and expanded the transaction procedure But the problem encountered in the project is privacy, but according to the statements, the trend is to adopt what is adopted in Tor systems for browsing.

[Razan alikac 1899]

The trial version has gone through many trials and its effectiveness has not yet been proven.  However, the lightning network has huge potential to improve the bitcoin and digital currencies system
 The Lightning Network project is working on a solution to the off-chain expansion problem that, if successful, could reduce the traffic on the Bitcoin blockchain.
 Through the use of two-way payment channels, the lightning network allows almost instant transactions.
 The Lightning Network may be suitable for smaller payments.  It allows transferring values as small as 1 satoshi.