I am waiting for LN to come. It can do billions tps while taking up less than 1mb of space. If the LN can pull it off, blockchains tech will be able to show it's the true king.
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I am waiting for LN to come. It can do billions tps while taking up less than 1mb of space. If the LN can pull it off, blockchains tech will be able to show it's the true king.
Care to explain Sames?
Sure. What should i explain?
Start by telling me what means LN
LN is an aberration of the lightning network . The lightning network can process millions to billions transactions per second. The more nodes using lightning network the more transactions can be used kinda like iota. However one lightning node can in theory process billions tps Here how it works:
https://99bitcoins.com/what-is-the-bitcoin-lightning-network-a-beginners-explanation/
Ok thanks, this is what I didn't know.
Will check the link @sames! Cheers
So the LN is kinda like iota with the fact more nodes= more transaction per second. But 2 LN node can do billion tps themselves. They also can earn from the fees of transaction thus giving more incentives to run a full node.
Key catch is it is voluntary. While it is not "vaporware" anymore. It is on beta mainet!!!! The thing that it is not user friendly (also buggy but it bugyninsh is almost done )
hence why more development is making it user friendly.
Their is also an explorer for the LN: https://explorer.acinq.co/#/
So you can see all activity.