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  2. Social Mentions
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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.

Lightning Network

Lightning Network Reviews and details

Screenshots and images

  • Lightning Network Landing page
    Landing page //
    2022-02-13

Features & Specs

  1. Scalability

    The Lightning Network significantly improves transaction speed on the Bitcoin network by enabling off-chain transactions, which reduces congestion and increases scalability.

  2. Lower Fees

    Transactions conducted over the Lightning Network usually incur lower fees compared to on-chain Bitcoin transactions, making micropayments more feasible.

  3. Instant Transactions

    Payments made through the Lightning Network are conducted instantly, which is beneficial for both merchants and consumers who require quick transaction confirmations.

  4. Improved Privacy

    Since transactions occur off-chain, they are not posted to the Bitcoin public ledger, enhancing user privacy and confidentiality.

  5. Reduced Blockchain Load

    By conducting numerous transactions off-chain, the Lightning Network decreases the load on the Bitcoin blockchain, preserving resources and increasing efficiency.

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Videos

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

Why The Lightning Network Does not Scale

Bitcoin Lightning Network Explained: How it Actually Works

Social recommendations and mentions

We have tracked the following product recommendations or mentions on various public social media platforms and blogs. They can help you see what people think about Lightning Network and what they use it for.
  • Navigating the Path to Blockchain Scalability: Emerging Solutions and Innovations
    Financial Services: Scalable blockchain solutions enable high-frequency trading, real-time settlement, and decentralized finance (DeFi) platforms. With rollups and state channels, platforms like Lightning Network and Optimism make micropayments more feasible and cost effective. - Source: dev.to / 4 days ago
  • NOOB - Wallet of Satoshi sats.
    It’s indeed Bitcoin, but on the Lightning Network. https://lightning.network. Source: over 1 year 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 / over 1 year 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: almost 2 years ago
  • Inflation will keep going up for eternity
    Lightning network enables instant payments with Bitcoin https://lightning.network/. Source: almost 2 years 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: almost 2 years ago
  • Crypto starter guide?
    Lighting network is a cheap bitcoin sidechain, and worth learning how to use as you save on onchain fees when you buy or spend bitcoin. Source: almost 2 years ago
  • Brazil’s Bitcoin Beach Says Lightning Network Works Better Than Visa
    “Blockchain as Arbiter. As a result, it is possible to conduct transactions off-blockchain without limitations. Transactions can be made off-chain with confidence of on-blockchain enforceability. This is similar to how one makes many legal contracts with others, but one does not go to court every time a contract is made.” https://lightning.network/ Looks like you have been spoon fed some bullshit yourself.... Source: about 2 years ago
  • Is Bitcoin's Transaction Speed a Dealbreaker for Widespread Adoption?
    For more information on Lightning start here: https://lightning.network/. Source: about 2 years ago
  • Why STX
    STX is interesting. I am wary of it’s longevity, because of development of BTCs Layer 2 (Lightning Network) that someone pointed out to me. Layer 2 is able to handle unlimited nodes theoretically. If you want to read more. I sold all my STX to diversify, and my plan is to buy more and get a small bag for the next bull run. Source: about 2 years ago
  • Bitcoin Scalability Question
    It's been solved for 5-6 years: https://lightning.network/. Source: over 2 years ago
  • Bitcoin hits lowest price in two years as Binance cancels FTX acquisition. Only the very beginning of the end for this PONZI.
    Yeah here ya go if you want a source: https://lightning.network/. Source: over 2 years ago
  • PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like
    Https://lightning.network/ I am not a Maxi, but Jesus what other options are there? - Source: Hacker News / over 2 years ago
  • Let’s build a Native(-like) Web App (NWA)
    Additionally, you are forced to implement multiple payment solutions (including accounting!) according to store policies (3 in this case, plus 1 for the web). And what if you want to accept Lightning payments for example? - Source: dev.to / over 2 years ago
  • Cosa ne pensate degli NFT?
    Lighting Networkè un second layer di bitcoin tenuto al sicuro dalla Proof of work. E da la possibilità di fare transazioni istantanee senza fees. Source: over 2 years ago
  • Sudden crypto market drop sends bitcoin below $22,000
    Https://lightning.network/ allows peer to peer transactions instantly. This is a cash transaction because its peer to peer and does not require approval of central authority. So your first premise is incorrect. It is used as cash for some people. See this video https://www.reddit.com/r/Bitcoin/comments/vj0jbx/kids_in_south_africa_use_sats_as_their_unit_of/?utm_source=share&utm_medium=mweb3x. Source: over 2 years ago
  • Wait to see 2022 🚀
    FUN FACT: Bitcoin Lightning Network Scalability. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians. https://lightning.network/. Source: almost 3 years ago
  • Not one post on ANY cryptocurrency Reddit about owning Silver but owning Crypto as well and the need to get along. How is that called getting along when that is exactly what gets you banned from them?
    I was banned from the bitcoin reddit for mentioning Veritaseum and how bitcoin infringes on patented IP since the advent of the Lightning Network. Source: almost 3 years ago
  • State Channels Still Beat All Other Layer-2 Scalability Solutions
    Payment channels are a specific use case of state channels. They are only designed to support payments between two or more parties. The most well-known example of payment channels is Lightning Network. Comparing payment channels with state ones, the latter have much broader applications and are not limited only to payments. For example, state channels can also be used for scaling a dApp or a blockchain (like Celer... - Source: dev.to / almost 3 years ago
  • The longer I'm in crypto, the more I lean toward Bitcoin Maximalism
    I agree, but Lightning Network will help this happen with BTC. It's already starting to be used. Source: almost 3 years ago
  • A private equity fund owns part of the Lightning. Who owns the fund?
    The title is very misleading. When I read "the Lightning" I think of the open-source Lightning Network. https://lightning.network/ It turns out that this is about a sports club... - Source: Hacker News / almost 3 years ago

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This is an informative page about Lightning Network. You can review and discuss the product here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.