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Lightning Network it reaches 10,000 nodes

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It's good news to know that the Bitcoin network is getting faster and cheaper. According to an article in decrypt Lightning Network has exceeded 10.000 nodes. If you have a constructive addition on this appealing subject, leave your contribution to the community. Thank.

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I can understand this actually, I never invested in this but as a trader, I have tried picking up the trade and at certain times it appears that the market is being manipulated and not obeying fundamentals. I am sceptic and have avoided trading newly listed coins as it appears their is a lot of profit taking and investors and developers cashing out at the expense of holders. My advice is just have a target how long you can wait and amount of loss you can take before cashing out

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good, if the lightening network nodes become more we can see a faster network with faster transaction on bitcoin

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If that is true then that is good news for users. because with a smooth network, we will more easily access it. so I think this is a good thing for the crypto world.

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On 10/23/2019 at 11:31 PM, Mohs3n71 said:

good, if the lightening network nodes become more we can see a faster network with faster transaction on bitcoin

Yea I think thats the only thing stopping bitxoin from . being used as a mean od payment because of its slow transaction and so many confirmation but the lighting network will make this better and make.bitcoin more appealing to payment. 

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On 10/6/2019 at 1:54 AM, soxcryp said:

It's good news to know that the Bitcoin network is getting faster and cheaper. According to an article in decrypt Lightning Network has exceeded 10.000 nodes. If you have a constructive addition on this appealing subject, leave your contribution to the community. Thank.

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Wow, the news is very good, with the bitcoin network getting faster and cheaper, this will have a good impact on the future for all crypto users in the world.

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This is a good news. when the nodes will increase more than I think the transaction speed will increase . if the transaction speed become high then it will be very much effective for btc in future.

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We know bitcoin lightning network are so fast secure and minimum transaction. 

But Bitcoin old network blockchain  are too much slow that's why we can't make any first transaction. 

I am very excited about Bitcoin lighting network I think bitcoin lighting network should  be very popular in future. 

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Lightning network is the only solution to the bitcoin problem. Scalability and Mircro-transaction
As you know bitcoin is having problem to address these two topic.
Scalability is the ability of the network to perform multiple transactions at one time, currently bitcoin can process only 7. with the lightning network this number sky rocket to 10,000 and possible more.
Micro-Transaction - with this high number of transaction possible most of those transaction are categorically micro ins size. - probably paying for a coffee or taking out a burger. this transaction usually cost 5$ or less. at the current, when transferring 5$ you need to pay around 0.5$ transaction fee thats around 10% of the original value. this will be address in lightning network and probably can be reduded to 0.01$. 

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I've taken a look and found this website:

https://explorer.acinq.co/

 

It shows that there are 4589 nodes active right now, with more than 31k open channels. To be honest I was thinking that we should be having at least double nodes sine the original post. Instead we have less than half of that 10.000 nodes. Anyone knows why the numbers are lower a few months later?

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The Lightning network is one of the most developed in terms of blockchain and this is very pleasing, in the future, the entire cryptocurrency market. 

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I did not use the lightning network and I have no idea of the relationship but I heard that investing through the lightning network is very quick to invest. There are many labs by trade users.

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On 10/5/2019 at 11:54 PM, soxcryp said:

It's good news to know that the Bitcoin network is getting faster and cheaper. According to an article in decrypt Lightning Network has exceeded 10.000 nodes. If you have a constructive addition on this appealing subject, leave your contribution to the community. Thank.

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It's a great news for crypto world. Also lighting network will be a revolution for crypto. We can make transaction of bitcoin even if we are in offline. It's a great update of bitcoin.


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15 hours ago, Amirul Islam said:

It's a great news for crypto world. Also lighting network will be a revolution for crypto. We can make transaction of bitcoin even if we are in offline. It's a great update of bitcoin.

What's is this lightning network? Because this is my first time to hear it, and what's is it concerns with the bitcoin transactions to be done faster?

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On 10/5/2019 at 11:54 PM, soxcryp said:

It's good news to know that the Bitcoin network is getting faster and cheaper. According to an article in decrypt Lightning Network has exceeded 10.000 nodes. If you have a constructive addition on this appealing subject, leave your contribution to the community. Thank.

ln.png

Lightining network is an upgrade version of bitcoin network. Recently we got this update. But there already some bug on this. We can make faster transaction through this network. Also we can now complete maximum transaction in a time.


 

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As I know this Lightning Network will lessen the scalability problem of Bitcoin. But may I know how this network install in the protocol? Is user need to reconfigure something to used it or its automatically connected to crypto currency itself?

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4 hours ago, bentayebsalah said:

I heard that the Lightning Network was facing some problems because some complained about not confirming transactions

I have used Lightning Network multiple times but I have never had any problem and I think it may be a problem that occurred with some just because of some errors maybe


 

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I think this is really good news for crypto users.  With this approach our network will be much better, which will be very good for all users of the crypto world.

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it is very important to know about LN, because aside from trading and investment, LN is something that must be understood because it is part of the blockchain and also the transaction.

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I would like to know more about the lightning network, I found many users talking about it but until now I have not got an accurate explanation for it.

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I think if the Lightning network nodes is increasing this is a very good news and is great for cryptocurrency and we will get some development because will improve the network and Bitcoin transaction faster than before.

 


 

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It is good for bitcoin to get high speed. Because before this bitcoin was unable to compete traditional system, where bitcoin had 7 transactions per second and visa had 24000 transactions per second. But now through lightning network bitcoin has speed of 100000 transactions per second. So speed is main weapon to compete with traditional system.

 

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On 3/26/2020 at 5:40 AM, Avais.mf said:

If it is growing such fast then obviously it will be taking over upon others in the near future. But i never invested in lightning network but will consider it. 

You know mostly the maximum of the alternate sites do have the very high rate for the bitcoin withdrawal.

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On 10/5/2019 at 11:54 PM, soxcryp said:

It's good news to know that the Bitcoin network is getting faster and cheaper. According to an article in decrypt Lightning Network has exceeded 10.000 nodes. If you have a constructive addition on this appealing subject, leave your contribution to the community. Thank.

ln.png

As I know about crypto I think this is another version of bitcoin. It's too faster and we can make maximum transactions through this network. But there are some bugs which need to be fix.


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