Published on July 12th, 2018 | by bitcoin0
Lightning Networks: A Force in Bitcoin’s war for Dominance
Bitcoin Cash fans were equally active in their BCH advocacy, as well as their criticism of Bitcoin and the Lightning Network.
As it’s impossible for on-chain transactions to compete with Lightning for speed or cost, the only remaining battleground is security.
The value the Lightning Network can reliably transmit will increase in future with the following developments:
As more BTC is invested into Lightning channels.
As Lightning progresses, Bitcoin’s dominance may be expected to rise as the payment utility of altcoins is further compressed.
According to Lightning Network Stores, 60 businesses have already incorporated BTC Lightning payments, with 6 more set to follow.