Hacker News Reader

> we know Bitcoin doesn’t scale to handle the volume of transactions needed

No longer true. I used to believe this as well, but I’ve been blown away by the work from Lightning Network [1]. Subsecond transactions that happen off the Bitcoin blockchain, scales beautifully.

[1] http://lightning.network

View on HN

Does that actually exist? It was vaporware for a pretty long time (though admittedly, I haven't checked in more than a year).

It does exist and work. It's early days but you can now use it. Source: I bought a sticker using it. :-)

Yes but its still in beta on the mainnet so its not ready for daily use yet. You can see all the nodes here https://lnmainnet.gaben.win/

Reply on news.ycombinator.com