Software Alternatives & Reviews

Lightning Network VS Elrond

Compare Lightning Network VS Elrond and see what are their differences

Lightning Network logo Lightning Network

The Lightning Network is a scalable decentralized network that has been making waves in the digital currency community as it is a system that offers near-instant payments at almost no cost.

Elrond logo Elrond

Elrond is a scalable blockchain and smart contract platform that enables high-throughput applications to be built and used for a variety of commercial applications.
  • Lightning Network Landing page
    Landing page //
    2022-02-13
  • Elrond Landing page
    Landing page //
    2023-08-19

Lightning Network videos

Bitcoin Lightning Network: This You NEED TO KNOW!! ⚡️

More videos:

  • Review - Why The Lightning Network Does not Scale
  • Review - Bitcoin Lightning Network Explained: How it Actually Works

Elrond videos

Elrond: Next BEST Smart Contract Blockchain?? 💍

More videos:

  • Review - What is Elrond? EGLD Coin & Should You BUY It?
  • Review - ELROND REVIEW // Should it be in your portfolio?

Category Popularity

0-100% (relative to Lightning Network and Elrond)
Development
48 48%
52% 52
Finance
41 41%
59% 59
Maps
40 40%
60% 60
Blockchain
63 63%
37% 37

User comments

Share your experience with using Lightning Network and Elrond. For example, how are they different and which one is better?
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Social recommendations and mentions

Lightning Network might be a bit more popular than Elrond. We know about 23 links to it since March 2021 and only 17 links to Elrond. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Lightning Network mentions (23)

  • NOOB - Wallet of Satoshi sats.
    It’s indeed Bitcoin, but on the Lightning Network. https://lightning.network. Source: 5 months ago
  • Texas paid Bitcoin miner more than $31M to cut energy usage
    > Latency and fees are higher than existing mechanisms in most of the world, and at much higher environmental cost. This statement is simply incorrect. The later 2 scaling ecosystems built on top of Bitcoin and Ethereum offer 1-2 second transaction times for 3-4 cents in fees. The electrical costs are equivalent to sending an email. https://lightning.network/. - Source: Hacker News / 8 months ago
  • Bitcoin and Lightning Labs for AI development
    A new collection of Bitcoin tools created especially for the development of artificial intelligence (AI) was recently released by Lightning Labs, the primary creator of the Bitcoin Lightning Network. Source: 10 months ago
  • Inflation will keep going up for eternity
    Lightning network enables instant payments with Bitcoin https://lightning.network/. Source: 11 months ago
  • Strike: Bitcoin app for global financial inclusion
    The global app by Strike intelligently brings together the strengths of Bitcoin and the Lightning Network. With a straightforward registration process, users can instantaneously send or receive cash and bitcoin, transact with other Strike users, navigate the Lightning Network, and buy bitcoin – all from a single application. Source: 12 months ago
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Elrond mentions (17)

  • Blockchains: Ethereum vs Solana vs Avalanche vs MultiversX (Elrond). What are the differences?
    With the introduction of new and advanced blockchain platforms in the Web 3.0 scene, the narrative around Ethereum has slowly shifted towards its younger “Ethereum Alternatives”. Solana, Avalanche, and MultiversX (former Elrond) are some of the crypto blockchains that are given this terminology, as they share similar features but are comparatively cheaper and better than Ethereum. - Source: dev.to / over 1 year ago
  • Proof of Work vs. Proof of Stake By Disruptive Digital
    If you want to get acquainted with another Proof of Stake blockchain, consider MultiversX (previous Elrond Network, maybe it’s still more familiar to you). Since the announcement at X Day, we’re calling it MultiversX). It has operated on a Secure Proof of Stake mechanism since the Mainnet Launch (July 2020) and it’s a highly scalable, fast, and secure blockchain. Moreover, it has negative carbon emissions and can... Source: over 1 year ago
  • What is a Blockchain Wallet? All you Need to Know
    Elrond: A simple and secure crypto wallet which transfers and stores Elrond tokens to interact with Elrond dApps. Exodus: The best blockchain wallet for desktop users Trezor: A cold wallet that works best for people who value security Coinbase Wallet: A hot wallet with advanced charting facilities Ledger: Another cold wallet that also offers Bluetooth facilities Huobi Pro: The most comprehensive hot... - Source: dev.to / over 1 year ago
  • Web 2.0 to Web 3.0 - 9,999 Utility NFTs Sold Out in 60 minutes for our UI/UX Tools
    Elrond is a blockchain-based platform that allows users to create and develop decentralized applications and cryptocurrencies; specifically designed to be secure, efficient, scalable and interoperable. Elrond's vision is to solve the limitations and challenges of the current blockchain and build a blockchain that reaches internet-scale performance and radically simplifies UX. - Source: dev.to / over 1 year ago
  • Web 2.0 to Web 3.0 - 9,999 Utility NFTs Sold Out in 60 minutes for our UI/UX Tools by Creative Tim
    NF-Tim is the NFTs utility project for Developers, Designers, Creators, and NFTs fans based on Elrond. If you are not common with this topic, then let me tell you a little about what NFTs mean. NFTs are unique, non-fungible tokens, based on blockchain technology that represents real-world objects like art, music, and videos and can be traded, used as an investment, collected, or used for their utility. Source: over 1 year ago
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What are some alternatives?

When comparing Lightning Network and Elrond, you can also consider the following products

Fantom - Create personal remixes using your location and camera.

Avalanche - Avalanche was founded at MIT with the mission to create a high scalability blockchain platform that has been used by developers around the globe to create new applications that are based and run by cryptocurrency.

Acala - Acala is a blockchain protocol for next-generation applications which is based on a decentralized finance network and liquidity hub of Polkadot and is showing high compatibility for Ethereum.

Hedera Hashgraph - A superior consensus algorithm.

Karura - Karura is creating high scalability in blockchain technology which is based on layer 1.

Meter - Meter is a decentralized and high-performance-based infrastructure that allows for the development of blockchain applications.