3 ms·

They’re using the 2nd layer lightning network which has more tps. https://en.wikipedia.org/wiki/Lightning_Network#2021_adoption_in_El_Salvador https://en.wikip

They’re using the 2nd layer lightning network which has more tps. https://en.wikipedia.org/wiki/Lightning_Network#2021_adoption_in_El_Salvador https://en.wikipedia.org/wiki/Lightning_Network#2021_adoptio...

NicoJuicy 5y ago
It's down though. https://twitter.com/nayibbukele/status/1435197879795212291?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1435197879795212291%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.newsweek.com%2Fchivo-wallet-disabled-people-el-salvador-rush-use-bitcoin-1626652 https://twitter.com/nayibbukele/status/1435197879795212291?r...
- thebean11 5y ago
  The lightning network? Or the government's node? https://explorer.acinq.co/ https://explorer.acinq.co/
  - NicoJuicy 5y ago
    The Chivo Wallet nodes, which is the required one in El Salvador.
Devasta 5y ago
Lightning network still requires you to have on chain transactions to open your connections though, it's not nearly the fix that people pretend it is.
- thebean11 5y ago
  Sure, and to close them. But now one on-chain transaction maps to N actual economic transactions happening, which is great for scaling. Not to say on-chain transactions don't also need to scale, but layer 2 will always be important.