Quickly understand, Bitcoin Lightning Network: How much use and win?

Speaking of the lightning network, it is always exciting for Bitcoin enthusiasts, and there are endless topics, because this is a trading channel to improve the small payment of Bitcoin.

What is lightning-network?

The purpose of the Lightning Network is to achieve secure chain trading. It essentially uses a hash time-locked smart contract to securely perform a zero-recognition transaction. By setting a clever 'smart contract', the user is in lightning. Unconfirmed transactions on the network are as safe as gold (or as secure as Bitcoin).

The friends of the forum issued a questioning sticker on the lightning network. Let's take a look together.

Quickly understand, Bitcoin Lightning Network: How much use and win?

Rhythm Master: I have said that 99% of the people in the forum will only know how to use the blockchain technology. Even the remaining 1% have never used the lightning network and have never seen the lightning network. Why, because the lightning network came out almost half a year, it turned out to be useless, too complicated, unsafe, no one would use it, and no one wanted to use it.

You can find the global lightning network node at https://graph.lndexplorer.com/. This technology has been out for half a year, with a total of 2020 nodes (and 2/3 are closed), 6773 networks, trading volume. 18.63btc, really speechless!

Connaught one China, a total of two nodes! And they are all closed!

Conclusion: No one in the forum has ever seen Bitcoin Lightning Network, and no one has ever used Bitcoin Lightning Network, which proves to be a failed technology.

Quickly understand, Bitcoin Lightning Network: How much use and win?

Let's see how the coin friends commented on this matter:

Quickly understand, Bitcoin Lightning Network: How much use and win?

Quickly understand, Bitcoin Lightning Network: How much use and win?

Quickly understand, Bitcoin Lightning Network: How much use and win?

Quickly understand, Bitcoin Lightning Network: How much use and win?

Big stone clock on the wheel: It is not necessary to use it at present, I don't know how to use it, I have to use a friendly application interface to popularize it.

Aitlas: From the "transaction volume 18.63BTC", I know that the landlord knows nothing about the lightning network. Is that trading volume? ? ?

Upswing analysis: China can't use Bitcoin, there is no need to open a lightning channel. The lightning network node does not judge the success or failure from the number of nodes. It is itself a plug-in network, which is a solution for merchants and users to circulate.

CowrySeller: It's just the first layer. There will be new agreements coming out, it will be more and more useful, but it doesn't mean that it is really useful.

C0207148: It has been said very early on that because of the nodes of the lightning network, it is necessary to provide sufficient liquidity in use. Therefore, no matter how many nodes are in the initial stage, there will only be a small number of nodes, which will provide sufficient liquidity. , survived. In these cases, we review the history of the bank, many small banks have been annexed, and only the big banks are left. Is this what Bitcoin users want to see?

There is also a wonderful illustration of the commentary:

Quickly understand, Bitcoin Lightning Network: How much use and win?

Pppp@8btc: Lightning network is still a baby, you say that he completely failed?

In December 1969, when ARPAnet was first built, there were only four nodes. By March 1972, there were only 23 nodes, and in March 1977, there were only 111 nodes in total. Do you say that the Internet has completely failed?

The Internet has five major characteristics:

(1) Support resource sharing;

(2) Adopting distributed control technology;

(3) using packet switching technology;

(4) using a communication control processor;

(5) Adopt a layered network communication protocol.

As a new generation of Internet for value transmission, blockchains must achieve ultra-large-scale value exchange. Do you think that you can use layered protocols?

Buying a small dish of money, need to go directly to the central bank? The central bank with the ability to do so can't afford such a bloated record.

Bitcoin is the central bank role in the cryptocurrency world. Layered protocol, routing and switching technology is its inevitable development direction.

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