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The main problem with Bitcoin is that it cannot handle many transactions in a short period of time. Sometimes it can take up to an hour to receive coin and in this day an age its like sending up smoke signals. Companies all over have been scrambling to work on the block chain to fix this problem but only one has made very good progress The Lightning Network. This company just recently beta tested the software with SUCCESS! Thus proving that lightning can and will scal Bitcoin for thw masses to jump onboard. Valery Vavilov (CEO of lightning) said that the test was a huge accomplishment for bitcoin. He also said "This test of Flare, with small modifications made by the Acinq team, shows that our solution for payment routing on the Lightning Network is not only theoretically feasible, but successful." What does this mean for bitcoin? This basically means that more people will be able to use bitcoin and more vendors will be able to accept it because the lightning network will be able to handle the increase in transactions if the masses start using Bitcoin. yesterday i posted a discussion about the Bitcoin price and how bullish the market is and how its gearing up for a BIG Rally. Since i created that post Bitcoin has increased %5 overnight! I know i sound like a broken record but if you dont invest into Bitcoin this week you will be kicking yourself in the next few moths to come.
Dont forget to Follow me:
https://www.seoclerks.com/user/jkeyz2
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Cristian
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