Category: Lightning Network

Business Owner’s Seething Critique of the Lightning Network Goes Viral

Jamie RedmanAmaury Séchet, Australia, BCH, bitcoin cash, Bitcoin Core, BTC, Centralization, Channels, Elizabeth Stark, high fees, Hubs, Jason Smith, Lightning Network, Lightning Network Usability, N-Featured, Network Congestion, News, Offchain Transactions, onchain transactions, routing, Scaling, scaling debate, UX Lightning Network, Viral Tweet, Whale Panda

Business Owner's Seething Critique of the Lightning Network Goes ViralA business owner who runs a media company in Australia and pays employees remotely in the Philippines has given his honest opinion on what it’s like to use the Lightning Network (LN). Jason Smith’s experience of attempting to use LN for payments was filled with frustration. He reports that the fundamental structure of the offchain […]

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Lightning Network: Cool Enough for Twitter Jack and Fidelity But Not Iran

Jamie RedmanAdam Back, Changpeng Zhao, Coinex, fidelity, Giacomo Zucco, Hodlnaut, Iran, Iranian, Lightning Network, ln, LN Torch, N-Featured, News, peach, Reid Hoffman, Sanctions, Trust Torch, Twitter Jack, Vijay Boyapati, ziya sadr

Lightning Network: Cool Enough for Twitter Jack and Fidelity, but Not IranOn Feb. 22, bitcoiners rejoiced when the financial banking giant Fidelity was handed the ‘Lightning torch’ as the Lightning Network’s social experiment was passed on to its latest bearer. Then, two days later, the new Lightning torch holder made the decision to exclude passing it on to a cryptocurrency executive from Iran because of U.S. […]

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