Cryptocurrency Q&A
What are the flaws of Bitcoin Lightning?
What are the flaws of Bitcoin Lightning?
ShintoSanctuary
Wed Nov 13 2024
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5 answers
1512
I'm interested in understanding the potential drawbacks or flaws of the Bitcoin Lightning technology. Could someone please explain the main issues or concerns associated with it?
5 answers
DiamondStorm
Fri Nov 15 2024
Another challenge is scaling the network to handle the transaction volume needed for mainstream use. As Bitcoin's popularity grows, the demand for transactions increases, but the Lightning network struggles to keep up.
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EthereumLegend
Fri Nov 15 2024
The Bitcoin Lightning network has a significant drawback in terms of scalability.
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Sara
Fri Nov 15 2024
Despite being developed to enhance Bitcoin's transaction processing capabilities and decrease associated fees, the Lightning network has encountered obstacles.
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Elena
Fri Nov 15 2024
One of the primary issues is achieving widespread adoption. Despite its potential benefits, the Lightning network has not yet been embraced by a large segment of the Bitcoin user base.
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OpalSolitude
Thu Nov 14 2024
BTCC, a top cryptocurrency exchange, offers a range of services that could potentially benefit from a more scalable Lightning network. These services include spot trading, futures trading, and a wallet for storing digital assets.
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