Lightning is expanding fast, but it is not ready for merchants yet
By Leo Zhang
Jul 25, 2018
The Lightning Network is one of the most exciting projects for Bitcoin right now. The vision of transacting through secure and trustless micro-payment channels makes Lightning a strong potential to help merchants and service providers get integrated with the Bitcoin ecosystem. Two days ago, Lightning Network hit a record 12,000 active nodes. While the network is expanding aggressively, lots of work needs to be done before the infrastructure is mature enough to support vendors seamlessly. In the blog post below, Andreas Brekken, the operator of the largest channel to date, describes the experience of paying for goods and services on Lightning.
"TL;DR: Sending payments using the Lightning Network is cheaper than the regular Bitcoin network, but suffers from routing errors and wallet bugs that make it impractical even for highly technical users."
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