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>short term lightning Can you clarify what this means? Last I read, Lightning was 18 months out. But not really, that's just a number tossed to a crowd. The pr

>short term lightning Can you clarify what this means? Last I read, Lightning was 18 months out. But not really, that's just a number tossed to a crowd. The preview tech published a month ago is nowhere near being ready for use.

xiphias 9y ago
As far as I see from the github activity, now that SegWit is activated, the developers are putting much more effort to finishing. Anyways you're right that maybe I was a bit too optimistic. Bitcoin is getting popular as a store of value faster than it can handle the scale of being an easy-to-use currency. The blocksize drama will probably keep on going :(
- the_stc 9y ago
  What does SW activation have to do with it? Why not have it ready to go, wait for the flip, enable. Or deploy it on a testnet. Or on LTC?
  - AgentME 9y ago
    People weren't even sure if SW was going to activate. Who wants to do a lot of work on a system (LN) that might not ever be usable?
shazow 9y ago
Indeed. The "18 months out" timeline has been around since the first draft of the Lightning Network paper, well over two years ago.
rothbardrand 9y ago
LN is actively being worked on, looking pretty good, and is estimated to be about a year from production. And that's just simple LN. Over the next 5 years LN has the potential to really explode in capability and capacity.