Lightning money: how much can you earn Lightning Network?

Date:

2018-08-15 03:15:06

Views:

3370

Rating:

1Like 0Dislike

Share:

Lightning money: how much can you earn Lightning Network? Source:

Now the owners of the nodes of the network, Lightning Network will be paid a small fee in Bitcoins. In addition to a tool for scaling the main cryptocurrency, LN may be a potential source of income. However, while profit is unlikely to reach the dizzying heights. About it writes .

the

That will give us Lightning Network

Average Commission in your network LN rare 1 Satoshi. Developer Alex Bosworth has reported, this month earned about two dollars on the one working node. Although this number in General is not impressive, it could be a good sign of a huge Lightning Network.

Cryptomnesia willing to take risks for the sake of experiment to the network LN. They are not confused with low fees — now the most important thing to understand as a system, the Lightning Network can be scaled for global use.

I think for many people, and even the early Bitcoin investors earned Satoshi will be the first cryptocurrency that is not obtained through trading or mining.

However, before ordinary users there are a few that keep them free to use LN. Requires good knowledge of principles of functioning of Bitcoin and ample storage. The owner node needs to download the entire transaction history of cryptocurrency (about 200 GB) and install special software.

Now the number of workers the node already exceeded three thousand, while the past month has been very for Lightning Network. I have an interesting trend is so the others can use the nodes of the network, some cryptomnesia does not charge any fees for the transaction. This is why the incomes Bosworth are so low.

The application Developer Zap Ben Wasli believes that soon the situation should change dramatically.

Need a system that can not only work through good people. With the growth of the network Lightning Network, the Commission will gradually rise to a reasonable and beneficial values.

Wali noted that the increase in fees will be useful for a number of reasons. Network LN need liquidity. Each node can pass through itself so much bitcoin, as its owner left the channel. That is, with large income, he will be able to invest more in the nod and pass through more transactions.

Many developers believe that in the future the Commission will remain at a low level. However, many participants Lightning Network must come to consensus that will benefit everyone.

I Think the transaction cost is in LN are unlikely to exceed one cent.

In such a scenario of development of events, Bitcoin will be the most profitable payment system. Accordingly, increases in the demand for money, and with it, crawl up and price. Waiting.

Recommended

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

You're lying: Chapter Binance has denied the information about 400 bitcoins for listing on the exchange

You're lying: Chapter Binance has denied the information about 400 bitcoins for listing on the exchange

last week, the co-founder of the platform Blockchain Expanse Christopher Franco , one of the world's largest exchanges of bitcoins Binance requires 400 or $ 2.47 million at the time of listing tokens. According to the businessman,...

Why fall of Bitcoin and what course next? The comments of the Russian expert

Why fall of Bitcoin and what course next? The comments of the Russian expert

Courses cryptocurrency is a major pain Aug. Today, the market capitalization does not exceed $ 200 billion, and one offer of $ 268. The share of Bitcoin rose to a record 54 percent. As a niche commented the analyst of "Alpari" Vla...

Acne help: why falling Ethereum?

Acne help: why falling Ethereum?

ICO on the Ethereum blockchain have become a major catalyst for the rapid growth of the price of the cryptocurrency last year. They seem to be the main cause of her fall. About it writes . the When you start to grow the Ethereum o...

The world Bank releases the first blockchain-bonds

The world Bank releases the first blockchain-bonds

last Autumn, the world Bank President Jim Yong Kim with care about the blockchain. According to him, technology really has a great future, but before using you need to ensure its security. Apparently, for the nine months, the org...

The Weiss Agency: governments should not restrict anonymous coins

The Weiss Agency: governments should not restrict anonymous coins

In may, the financial services Agency of Japan (FSA) to put pressure on the cryptocurrency exchanges for trading ban anonymous cryptocurrency , Dash and zcash for. A few days later some sites do exclude coins from listing. I Thin...

The Bitcoin exchange rate on Turkish stock exchanges exceeded $ 7,000. Why?

The Bitcoin exchange rate on Turkish stock exchanges exceeded $ 7,000. Why?

this week's media attention to the website Coinfairvalue.com the Bitcoin exchange rate on which almost half a thousand dollars lower than on Coinmarketcap. The fact that the creators used different method for estimating the first ...

Ethereum inflation reached record heights. What will happen to bitcoin next?

Ethereum inflation reached record heights. What will happen to bitcoin next?

Ethereum on average pays miners about $ 2.5 billion. The market capitalization of bitcoin has dropped to $ 27 billion. Given the reward for the block and commissions over the past day miners received about $ 6.6 million in Ethereu...

Analysts: run Bakkt will lead the market of large investors and raise the exchange rate of Bitcoin

Analysts: run Bakkt will lead the market of large investors and raise the exchange rate of Bitcoin

last week the world's largest coffee chain Starbucks information on the intention to accept bitcoin in their establishments. The company explained that only wish to help Microsoft and the new York stock exchange (ICE) to develop a...

The crypt in the Dorm: how bottom Bitcoin American students

The crypt in the Dorm: how bottom Bitcoin American students

mining is one of the most attractive types of passive income. Student at the University of Pennsylvania began to dig a cryptocurrency right in the Dorm. He underestimated the threat of hacking and the disadvantages associated with...

The fall of Bitcoin has come to an end? Expert's answer

The fall of Bitcoin has come to an end? Expert's answer

on Monday the course of the main crypto-currencies retreated slightly above 6400 dollars, thereby stopping the rapid decline of the asset. The analysts note that in these market conditions there is a high likelihood of draining al...

As Bitmain mines coins in secret: the story of the developer SiaStats

As Bitmain mines coins in secret: the story of the developer SiaStats

Hakkane (Salva Herrera) is an independent developer of blockchain and owner SiaStats.info that site, which is a reliable real-time statistics on the blockchain Sia. Hereinafter in the first person. I often imagine blackany like a ...

Not one step back: why Bitcoin should not fall below $ 6,000

Not one step back: why Bitcoin should not fall below $ 6,000

Rivemont Crypto Fund Analysts believe the price of $ 6000 critical support level for Bitcoin. Details of their study, the value of the cryptocurrency the company has published in Facebook. About it writes . the When Bitcoin will s...

Profitable investment: the success of the ICO grow even in a bear market

Profitable investment: the success of the ICO grow even in a bear market

the phenomenon of the ICO, has taken quite an interesting path that started somewhere in may 2017. Since then, the industry of crowdfunding in the crypt experiencing rapid growth. The success of the ICO is not even affected by the...

Economist Jeffrey Tucker: the States should keep their hands away from cryptocurrencies

Economist Jeffrey Tucker: the States should keep their hands away from cryptocurrencies

Since the beginning of the year, several countries, among which appeared , and talking about the issue of national cryptocurrencies. Economist and Professor at the American Institute for economic research (AEIR) Jeffrey Tucker s...

Time to buy: analysts predict new growth of Bitcoin

Time to buy: analysts predict new growth of Bitcoin

You've probably already guessed that 2018 was not the best time in the life of Bitcoin. And while the cryptocurrency is growing in the long term, look at six months ago, gives a frightening feeling of eternal correction. When will...

In search of Satoshi. To find Nakamoto will allocate money with crowdfunding

In search of Satoshi. To find Nakamoto will allocate money with crowdfunding

the Internet is gaining popularity movement #FindSatoshi. This is another attempt of some cryptoendoliths to whet the public interest in the identity of the mysterious Creator of Bitcoin. Estonian Herman Neff even launched an inte...

It's very bad: where will the Bitcoin price in the coming days?

It's very bad: where will the Bitcoin price in the coming days?

After the rapid fall to the main level of support for the Bitcoin price managed to bounce a $ 400 up. If it was the standard local correction? Some analysts believe that the incident involved a Tether. About it writes . the What w...

The journalist told about the possible closure of the main office Kucoin. Should we be afraid?

The journalist told about the possible closure of the main office Kucoin. Should we be afraid?

last week the South Korean stock exchange UpBit of the prosecution authorities in fraud. A site audit from the company Yoojin showed that the exchange is able to return investors ' money on demand. Now, the problem arose from one...