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RE: Advent of the Lightning Age⁣

in #lightningnetwork5 years ago (edited)

Hi @reverseacid,

It has been reported that the LN makes transactions almost instantaneous. That is extremely good news for bitcoin.

I also remember reading earlier that LN being off-chain does not provide the same security as bitcoin on-chain and is therefore suited for micro-payments and not for large transactions. Not sure whether that still stands.