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Lightning network has been "around the corner" for as long as I remember... And even if it reduced people's needs to one bitcoin transaction per month (say, to
by ufo 9y ago
Lightning network has been "around the corner" for as long as I remember...
And even if it reduced people's needs to one bitcoin transaction per month (say, to deposit their paycheck), it would still reach full capacity with just 8 million users.
- tr4cefl0w 9y agoThe alpha has been published in January. You can use it if you want, at your own risk. The devs are working hard and the beta is likely to come in 2018. People think naively than increasing the block size will change something. It will in the short or mid term, but not in the long term and you can't keep increasing the blocksize. There needs to be a permanent, well implemented solution and that's what's coming and why it's taking so long. Blocksize increase alone is not sustainable.